November 4, 2024
Packaging company PSB Industries has named Alexandra Chauvigné CEO.
Chauvigné will manage both the Texen and Quadpack entities. Chauvigné was previously CEO of Quadpack.
As reported, PSB announced in July that it would acquire Quadpack and combine it with its Texen subsidiary. The deal has now been completed.
As part of the process, Quadpack Industries SA will be delisted from the Euronext Growth stock market in Paris.
The combination of Texen and Quadpack places PSB Industries in the top-five cosmetics packaging companies worldwide, the company says.
PSB Industries says that Texen and Quadpack will operate as standalone businesses, but in parallel, a plan will be drawn up to develop synergies.