Matteo Moretti, Chairman of Lumson S.p.A., has purchased, through the family holding company, the entire interest in Lumson S.p.A. held by FSI SGR S.p.A. on behalf of "FSI I" fund.
WHO: Lumson was founded in 1975 by the Moretti family, becoming a leading European company in the development, production, decoration, and distribution of primary packaging for the cosmetics industry. The Capergnanica-based company has exceeded 130 million euros in turnover, with a sustained margin that reflects the strong positioning in the skincare segment and the high qualitative and technological content of its products, sold globally.
WHY: The transaction allows the Moretti family to complete the succession started in 2018, and to accelerate the growth path by strengthening the leadership position of Lumson S.p.A. in the cosmetic primary packaging sector.
IN THEIR OWN WORDS: Matteo Moretti, Chairman of Lumson Group, said "I am very proud for the growth of Lumson and the value created for all shareholders and stakeholders achieved thanks to the commitment and contribution of my father Remo—founder of Lumson in 1975, the Board of Directors, the management team and all employees of the Group. Lumson today represents a major player in the primary packaging industry with a diversified product portfolio and a focus on sustainability that makes the company an important partner for leading international cosmetic brands. FSI has supported us in achieving this goal."
Maurizio Tamagnini, CEO of FSI, said, "At FSI we believe in the central role of entrepreneurs in driving major growth projects for their companies in which we are at their side, helping them also to better understand over time their future aspirations and the evolving role of family members, including in the context of business succession. This process has been successfully accomplished in an excellent company like Lumson and we wish Matteo Moretti all the best as entrepreneur and leader of the company."
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