ACME Cosmetic Components and Dr. Franke GmbH & Co. KG have announced the formation of a European joint venture to produce and market its range of metal packaging for the color cosmetics industry. “Since the successful establishment of our manufacturing operations in Suzhou, China in 2016, we’ve been searching for the right partner to help us broaden our capabilities in the European market” said Mike Roughton, president & CEO at ACME Cosmetic Components.
 
Founded in 1935 as a supplier of metal caps and seals for the bottling industry, ACME has been producing metal pans and godets for the color cosmetic industry since 1950. The 2017 expansion of the company into China reduced lead-times and costs for its Asian customer base – while assuring the same levels of high quality it touts. With the establishment of this new joint venture, ACME intends to do the same for its European customers, eliminating supply chain challenges due to the transit time from North America, while providing more timely support for the development of new products for the color cosmetic brands it supports.
 
Dr. Franke was founded in 1865 in Germany, and their product range includes embossed, cut, printed and glazed items in white iron or steel, in standard or customer-specific formats.
 
The joint venture will be based in Solingen, Germany.