21 Centrale Partners has acquired Biopack, a perfume sample manufacturer, to strengthen the samples division of French packaging company Nord Est-Ileos. The terms of the agreement were not disclosed.
In December 2007, 21 Group purchased Nord Est-Ileos along with its management and Geneva-based investment firm Harwanne.
Nord Est-Ileos, which chiefly manufactures plastic, metal caps, leaflets, luxury cases and caskets, is already active in the cosmetic packaging sector with its subsidiary company, Socoplan.
Maxime D’Haussy, previously sales and marketing director of Socoplan, will take over as chief operating officer at Biopack.
Bernard and Eric Simon, respectively the former president and general manager who founded Biopack 20 years ago, will stay on to work with the new managerial team until 2009.
Italian company 21 Investiti established 21 Centrale Partners in 1998 to focus on French investments. Together they make 21 Group, which has combined assets under management of approximately €1 billion.