GPA Global announces the acquisition of Grupo Cosfibel, consolidating its European presence through Cosfibel's key manufacturing facilities in Spain, Portugal and Belgium. This footprint growth is key to GPA's strategy of helping clients shorten supply chains to increase speed to market, derisk material sourcing and reduce carbon emissions.
Cosfibel and its founder Alain Chevassus They are recognized for their work with premium and high-luxury brands. From L'Oréal to Chanel, from LVMH to Rémy Martin and from La Durée to Damman, Cosfibel has established itself as one of the world's leading providers of luxury merchandising and packaging. Headquartered in France, with global service centers in 16 locations and serving sectors such as beauty & personal care, wine & spirits, and fine food, Cosfibel has clients from more than 70 global brands.
Adam Melton, CEO of GPA, said: “I am excited to welcome the Cosfibel team to the GPA family. Cosfibel's CEO, Marie Sermadiras, is an entrepreneur herself and has joined GPA's executive leadership to help drive GPA's expansion into Europe. Our global supply chain and manufacturing capabilities will allow us to better support Cosfibel customers and increase our prominence in the beauty and food sector, while strengthening our leadership in wine and spirits. Cosfibel has a talented global team and its founder, Alain Chevassus, will work with us in a senior advisory role."
Marie Sermadiras, CEO of Cosfibel, stated: “I am delighted to join forces with GPA. This alliance is clear recognition of the fantastic work our teams have done to successfully and sustainably grow and transform our business despite the challenges posed by a global pandemic. The complementary capabilities, creativity and excellence in execution of GPA and Cosfibel will allow us to grow even faster, accelerate our diversification and foster the transformation of the packaging and gift industry."