Induplast acquires Vexel
2 August 2019
Induplast SpA, a company based in Bolgare (BG), an international leader in the production of packaging for cosmetics (stick containers such as deodorants, lip balm containers and jars for cream), has acquired Vexel.
Following the finalization of the transaction, Vexel will be controlled by the Induplast Group and the partnership will create a complementary group in terms of production technologies (injection molding and blow molding), products (catalog expansion) and distribution channels, offering both companies the possibility of serving both large international players and smaller channel operators. The group will thus be able to count on two production and logistics facilities.
Diego and Andrea Montali, founders of Vexel Srl, will participate in the Induplast Group project with a minority stake, maintaining their operational roles in Vexel.
Diego Montali – Founder of Vexel Srl
“We are proud to be a part of the Induplast Group and thus expand our international presence. We look forward to start working together and to fully express the potential of both realities .”