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Marvinpac acquires minority share in the capital of Strand Cosmetics Europe

July 02, 2018
 
Strand Cosmetics Europes PREMIUM LINES, ANTI-WRINKLES, ANTI-AGEING
 
The French Company Strand Cosmetics Europe own 167 highly qualified employees and more than EUR 24 million in revenues in 2017 whereas the Swiss company Marvinpac has its own 50 million in revenues and 350 high-qualified employees in both Switzerland and the Czech Republic.
Just imagine how amazing it would be if these two great cosmetics companies collaborate with each other! And now, you do not need to wait any longer, this comes true in reality!
It is announced that Marvinpac has acquired a minority stake in Strand Cosmetics Europe. This move shows that Marvinpac and Strand Cosmetics Europe are tightening their bond in the global cosmetics market.
They are already partners of MS Swiss Cosmetics but it is not just like that recently. These two well-known companies in the cosmetics market have formed a joint company that aims to provide the best Swiss high-end skin care brands with competitive costs for customers all over the word.
This upcoming company would have not only the creation and manufacture of high-tech formulas for makeup and skin care products from Strand Cosmetics Europe, but also the great experience in widely customized packaging of Marvinpac.
In 2017, Strand Cosmetics Europe opened its new brands in France near Lyon and an office in Brooklyn. Its aim is to design, formulate and manufacture the best high-end skin care and makeup products in the global cosmetics market. This step brought the company a huge income at the end of 2017, more than €24 million while Marvinpac earned a turnover of €50 million in the same year. The company aims to bring the best high-end packaging solutions to the market.
This move will help these two companies better meet the growing needs of the global cosmetics market in terms of production capacity in both Switzerland and France. Furthermore, this move could also bring them the higher responsiveness and very competitive costs for their next venture.
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