{"id":16635,"date":"2019-08-02T00:00:00","date_gmt":"2019-08-02T04:00:00","guid":{"rendered":"https:\/\/livingstagenew.wpenginepowered.com\/transaction\/livingstone-advises-the-shareholders-of-marino-belotti-on-its-sale-to-lumson\/"},"modified":"2026-06-16T11:30:25","modified_gmt":"2026-06-16T15:30:25","slug":"livingstone-advises-the-shareholders-of-marino-belotti-on-its-sale-to-lumson","status":"publish","type":"transaction","link":"https:\/\/livingstonepartners.com\/sv\/transaction\/livingstone-advises-the-shareholders-of-marino-belotti-on-its-sale-to-lumson\/","title":{"rendered":"Livingstone advises the shareholders of Marino Belotti on its sale to Lumson"},"content":{"rendered":"\n<p><strong>Livingstone acted as exclusive financial advisor to <\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.marinobelotti.it\/\"><strong>Marino Belotti S.r.l.<\/strong><\/a><strong> (&#8221;Marino Belotti&#8221;), a specialist in the production of compact cases for the cosmetics industry, in its sale to <\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/lumson.com\/it\/\"><strong>Lumson S.p.A.<\/strong><\/a><strong> (&#8221;Lumson&#8221;), a leading Italian provider of primary packaging solutions for the beauty and personal care sectors, supported by <\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.fondofsi.it\/\"><strong>Fondo Strategico Italiano<\/strong><\/a><strong>, one of Italy\u2019s leading private equity investors.<\/strong><\/p><p>Founded in 1979 in Chiuduno (Bergamo), <strong>Marino Belotti<\/strong> has built a strong reputation in the cosmetic packaging market, with a focus on high-precision compact cases (e.g., <em>trousses<\/em>) for top-tier brands across both the prestige and masstige segments. In 2018, the company reported revenues of approximately \u20ac16 million and an EBITDA margin exceeding 20%. Thanks to decades of industry experience, the company is recognized for its excellence in design, engineering, and innovation.<\/p><p><strong>Lumson<\/strong>, backed by <strong>Fondo Strategico Italiano<\/strong> as a minority investor, is a key player in the European cosmetic packaging sector. In 2018, the group generated revenues in excess of \u20ac 90 million.<\/p><p>This transaction allows Lumson to further consolidate its market leadership, diversify its product portfolio, and enhance its value proposition in integrated cosmetic solutions. For Marino Belotti, the acquisition provides access to greater financial resources, an enhanced managerial structure, and expanded commercial opportunities.<\/p><p><em>\u201cWe are pleased to have supported the Belotti family in identifying the ideal industrial partner through a competitive process designed to maximize strategic value,\u201d <\/em>said <a rel=\"noopener noreferrer\" href=\"https:\/\/livingstonepartners.com\/sv\/team\/luca-maccagnani-castelli\/\"><strong>Luca Maccagnani Castelli<\/strong><\/a><strong>, Managing Partner at Livingstone.<\/strong><\/p><p><strong>Maria Teresa Belotti, CEO of Marino Belotti<\/strong>, commented: <em>\u201cLumson is the ideal partner for Marino Belotti to continue its growth journey. The industrial project is exciting, and we are thrilled to be a part of it.\u201d<\/em><\/p><p>This deal exemplifies Livingstone\u2019s expertise in structuring high-impact industrial integration transactions, also in the Packaging and Beauty sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strategic acquisition strengthens Lumson\u2019s leadership in cosmetic packaging and accelerates industrial integration<\/p>\n","protected":false},"featured_media":2379,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"client-type":[],"region":[],"sector":[],"service":[],"transaction-type":[],"class_list":["post-16635","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":{"team_members":[1856,1867],"date":"20190802","client_type":58,"type":[1063],"region":[405],"services":[469],"sectors":[901,911],"related_transactions":"","related_testimonials":[53923,53924],"contacts":""},"yoast_head":"<!-- This site is optimized with 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