Lumson sells its stake in Marino Belotti and refocuses on skincare
Premium Beauty News·2024-09-03 16:00
The Lumson Group has sold its entire majority stake in Marino Belotti to the Italian private equity fund Alcedo SGR. Based in Chiuduno, near Bergamo, Marino Belotti is a historical designer and manufacturer of premium primary packaging solutions for cosmetic powders. Maria Teresa Belotti, Marino Belotti’s current CEO, and Alfredo Gavazzeni, Head of Operations, retain a minority share as well as their operational roles. In 2023, Marino Belotti achieved a turnover of approximately EUR 14 million with a selected base of around fifty customers.
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