SussexIM buys North American cosmetic compact business from Albea

SussexIM, a contract manufacturer and supplier of innovative, custom plastics injection molding solutions for multinational brand owners, announced the purchase of the North American cosmetic compact business from the Albea Group. The purchase includes reacquiring its internationally renowned Innovation Center, which offers customers cutting edge innovation and product development expertise. In addition, it immediately gives SussexIM the autonomy to deal directly with cosmetics customers and grow its longstanding relationships with leading personal care companies.

SussexIM, founded in 1977, has a long history of cosmetic packaging capabilities. Keith Everson, president of SussexIM as well as the company’s founder, explained in a telephone interview with PlasticsToday that when Rexam purchased SussexIM in 1999, it was primarily for the fact that the company was “one of the leading North American manufacturers of cosmetic compacts for global cosmetic firms.” Rather that move all the machine technology and automation to a Rexam facility, they kept that segment of the business at SussexIM, which for a time was SussexRexam.

In 2009, Rexam wanted to sell the non-compact side of the business, and Everson completed a management buyout from Rexam’s Plastic Packaging group in 2010. Everson said that during the last three-and-a-half years, SussexIM has experienced annual double-digit growth and much success with customers such as DOW, Broan-Nutone, Purell, SC Johnson, Mr. Lid, MGO, United Technologies, and more....

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