GPA Global announces the acquisition of Grupo Cosfibel , consolidating its European presence through Cosfibel's key manufacturing facilities in Spain, Portugal, and Belgium. This expansion is crucial to GPA's strategy of helping customers shorten supply chains to accelerate time to market, eliminate material supply risk, and reduce carbon emissions.
Cosfibel and its founder, Alain Chevassus, are renowned for their work with premium and high-end luxury brands. From L'Oréal to Chanel, LVMH to Rémy Martin, and 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 and personal care, wines and spirits, and fine food, Cosfibel boasts clients from over 70 global brands.
Adam Melton , CEO of GPA, said: “I am thrilled to welcome the Cosfibel team to the GPA family. Cosfibel’s CEO, Marie Sermadiras, is an entrepreneur who has joined GPA’s executive leadership to help drive GPA’s expansion in Europe. Our global supply chain and manufacturing capabilities will enable us to better support Cosfibel’s customers and increase our prominence in the beauty and food sectors, while strengthening our leadership in wines 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 a 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 gifts industry.”
