Beauty Industry, Beauty Launches, Mergers and Acquisitions

ASG Acquires This MWV Company

The company has acquired the Bydgoszcz, Poland-based beauty and personal care folding carton business.

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By: Jamie Matusow

Editor-in-Chief

ASG, a leading global specialty-packaging, has announced it has acquired the Bydgoszcz, Poland-based beauty and personal care folding carton business of MeadWestvaco Corporation.

Bydgoszcz is an important supplier of packaging to major global and regional consumer
goods companies, including cosmetics and beauty brands. All 320 of the current employees will continue working at the Bydgoszcz facility.

ASG will leverage the Bydgoszcz operation’s assets to expand its footprint in the European consumer
packaging market. The acquisition is part of ASG’s multiyear strategy to develop additional world-class packaging solutions for the beauty and personal care, spirits, confectionery, and healthcare markets.

Tony Garnish, ASG’s Chief Executive – Europe, commented:

“In bringing Bydgoszcz into our group, we increase our level of technical capability, experience, and knowledge of consumer markets. We look forward to cultivating new opportunities while continuing to deliver first-class solutions for our current clients.”

Mike Jackson, Chairman of ASG’s Board of Directors, stated:

“This acquisition is another excellent platform from which ASG can grow into new markets. We are excited to extend our presence in Europe and expand our global customer base in our primary business of print, packaging, and plastics.”

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