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Adds $13 million business to beauty packaging portfolio.
November 12, 2013
By: TOM BRANNA
Chief Content Officer
Ileos has acquired Aphena Health & Beauty, a division of Aphena Pharma Solutions Holdings, Inc., who specializes in turnkey development and manufacturing of sampling vehicles for the color cosmetics and fragrance industries. A purchase prices was not disclosed. Aphena Health & Beauty's 2013 sales are expected to reach $13 million. Aphena Health & Beauty, managed by Dominick Montano has 60 employees and is located in Whippany, NJ. Ileos already has 18 manufacturing locations in Europe, the US, Brazil and China with 4,200 employees. The company's 2013 sales are $520 million. According to the company, the acquisition reinforces Ileos’ leadership in the turnkey development and manufacture of promotional products and services for the fragrance and cosmetics industry through its dedicated worldwide division Bioplan and its recently acquired US subsidiary Le Papillon-Bioplan, managed by Hervé Bichon. In addition to serving the fragrance and cosmetics segments with vial on card, spray vials, roller ball packages, packets and tubes, Le Papillon-Bioplan USA will now be able to service the color cosmetics segment with blister packaging and dispensing systems technology. More info: Ileos, www.ileos.com
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