IMAP Italy (Vitale & Co.) advised Lumson S.p.A., Italy’s largest company and one of the main European players in primary packaging for the cosmetic sector, on the acquisition of Marino Belotti S.r.l. (“Belotti”), a leading Italian company active in the production of premium “make up” packaging solutions – especially in the “powder” sector, very well known for its creativity and technical abilities.
Activities performed:
Lasting 4 days and bringing together more IMAP members across the globe than ever before, the conference theme encompassed the 4 C’s: Commitment, Collaboration, Connection and Culture, all fundamental in the IMAP partnership’s continued success.
The acquisition of the zinc recycling division by the industry-experienced consortium enables HMG to benefit from its market knowledge and operational expertise and thereby to develop over the long term.
IMAP closed 117 M&A deals worth over $4.5 billion during Q1-Q3 2020, 31% of which were cross-border. Deals were closed across 15 different sectors, with Technology and Industrials being the most active.
