Packaging

Ileos refocuses its activities on packaging

Thursday 14. February 2008 - Pixxent, one of french leaders in the field of POS displays and furniture trade left the Ileos environment to pass under the control of Green Recovery, a french industrial group, operating in many sectors. Pixxent's management has been associated with this recovery.

Pixxent had made a plan of reorganization in early 2007, designed to reposition the company integrator of POS display and gather its activities on one site : La Bussière (Loiret). Following this restructuring, Pixxent regained a healthy financial position and is once again profitable.

By this transfer, Ileos refocuses its activities on packaging in the international markets for Luxury and Health. By consequence, the turnover in 2007 reached € 260M, an increase of 12.5%. At constant dollar, this increase would have been 13.6%.