Induplast Group acquires Tanklux, strengthening its leadership in cosmetic packaging

Induplast Group, a leader in sustainable cosmetic packaging, jointly controlled since 2021 by Armònia SGR S.p.A. through the private equity fund Armònia Italy Fund, and by Azimut Libera Impresa SGR S.p.A. through the fund Azimut Demos 1, has acquired 100% of Tanklux, a company specialized in cosmetic with strong expertise in the premium make-up segment.
‍This acquisition further consolidates Induplast Group’s leadership position in the market and significantly expands its product portfolio.

Tanklux is recognized as an excellence player in make-up packaging and has recorded steady growth over the years thanks to its focus on innovation, supported by advanced in-house design and production capabilities for highly customized packaging solutions.

Tanklux founding family will mantein an active role in the company’s management, working closely with the Group’s leadership to implement the joint development plan. This continuity will grant the enhancement of Tanklux’s decades-long expertise in the sector.

Maurizio Fanetti and Matteo Bruni, responsible respectively for Armònia SGR S.p.A. and Azimut Libera Impresa SGR S.p.A. for Induplast Group investment,commented:

“This acquisition represents a fundamental step in Induplast Group’s growth strategy, fully aligned with the path of aggregation and integration of leading players in cosmetic packaging undertaken in recent years. The integration of Tanklux will allow the Group to:

• Expand its product portfolio by significantly entering the make-up segment, offering complete and innovative solutions;
• Strengthen design capabilities and expertise in creating tailor-made packaging for premium clients, meeting the needs of an increasingly sophisticated market;
• Accelerate international development already underway at Induplast Group, thanks to Tanklux’s strong export orientation.”

The Induplast Group CEO commented:

“We are proud to announce the entry into our Group ofsuch an innovative and dynamic company in its field, a strategic step that further strengthens our position as a market leader. This acquisition not onlyexpands our competencies and product portfolio but also represents an importantopportunity for shared growth, based on common values, industrial vision, and aspirit of innovation. Together, we will be able to offer even more complete, sustainable, and customized solutions to our clients worldwide.”

Tanklux founding family  added:

“In recent years, we actively sought a strong partner who could ensure the continuity and development of our entrepreneurial project.The deep alignment between Induplast Group’s philosophy and ours, both on abusiness and human level,was a key factor in our final decision. We are excited to bring our expertise to an ambitious project and to contribute meaning fully to the future of the Group.”

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Transaction Advisors
Induplast Group was advised by EY for financial due diligence, Studio Spada fortax due diligence, and Fivers Studio Legale as legal advisor.
Tanklux was assisted by Studio Giordano of Lecco as advisor.

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