Deals
Lumson's Lombardi Deal Buys Italian Packaging Maker Its First Factories Abroad
Lumson bought Lombardi's US and Asia packaging units, giving the Italian skincare-packaging maker its first factories in North America and China/Korea, backed by a bank pool and state export lender SIMEST.
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Lumson has closed two linked acquisitions that give the Italian packaging maker something it has never had: its own factories outside Europe. Through its US subsidiary, the Crema-based group bought Lombardi Design and Manufacturing in the United States and took full ownership of the company's Asia entity, Lombardi Design & MFG Limited, in transactions announced together this week. Financial terms were not disclosed.
The operational logic sits in Lombardi's plant footprint rather than its brand. The company, founded in 1989, runs its core manufacturing out of Freeport, on New York's Long Island, and operates injection-molding lines in China and Korea. For Lumson, whose five existing sites are all in Italy, that hands the group direct production capacity on three continents for the first time, shortening the supply chain to customers in North America and Asia instead of shipping bottles, pumps and airless systems from Lombardy.
It also pulls Lumson into a broader service model. Lombardi offers turnkey private-label and contract manufacturing alongside packaging design, a wider scope than Lumson's own specialty in primary packaging components. Lombardi's client list, which trade press has tied to names including Clinique, Jo Malone and Bath & Body Works, also skews toward prestige and mass-prestige makeup, a category Lumson had been actively shedding: in 2024 it sold Marino Belotti, its makeup-packaging unit, to refocus on skincare, which now accounts for roughly 70% of its portfolio. Founder Carl Lombardi stays on as chief executive and the Lombardi name is being kept, structured as a continuity deal rather than a straight integration.
The financing points to a deliberate internationalization push rather than opportunistic cash deployment. The deal was backed by a lending pool of Intesa Sanpaolo, BNL BNP Paribas, Crédit Agricole Italia and Banco BPM, alongside SIMEST, the state-backed body that finances Italian companies' foreign investment. That structure arrives four years after chairman Matteo Moretti bought out private equity firm FSI's 35% stake to bring Lumson back to full family ownership, and the same year the company opened a new plant in Capergnanica that doubled its airless-pump production capacity.
"These transactions represent a key strategic milestone in our group's international development," Moretti said. "The industrial and geographic complementarity of our businesses will enable us to be even closer to our global customers and accelerate our growth across international markets."
What the announcement does not address is how the newly acquired China and Korea lines will be run against the backdrop of US-China trade friction that has already pushed other cosmetics-packaging supply chains to shift production out of China. Lumson has just bought its way into exactly that exposure, at a moment when the tariff calculus behind it is still moving.