Quadpack, an international manufacturer and supplier of beauty packaging, celebrates its arrival to the stock market Euronext Growth in Paris, France. Its direct admission was approved on October and, through the share price, will increase its resources to finance its growth reaching an average of approximately 20% in the last five years.
Today, the value of Quadpack shares has been increased by four times its value. In the same period of time, Quadpack has more than doubled its business, with a turnover of 55 million euros at the end of 2015 to 130 million euros in 2019.
“Our growth is the result of a successful organic and inorganic development based on sustainability. The Euronext stock market model allows us to learn and obtain finance progressively, in an increasingly regulated environment. Our share price on Euronext Growth will help us to explore new opportunities and to continue making progress in the most respectful way with people, planet and benefits”Tim Eaves – Quadpack CEO and cofounder
Quadpack’s business strategy combines both organic with inorganic development. Inotech agreement has also allowed to take control of its cosmetic business and includes a research and development collaboration to take advantage of the acquired technology. Quadpack will continue with its growth strategy, which has led to its current position as one of the 10 best manufacturers of beauty packaging in Europe.
