Ileos acquires Le Papillon

French health and beauty packaging specialist Ileos Group has acquired US contract sample production company Le Papillon. The company, which specialises in the full-service supplying and manufacturing of samples and promotional gift sets, was founded in 1975 and has two production sites in New Jersey. Its turnover last year came to $49m.

Commenting on the transaction, Pierre Hemar, president of Ileos said: "We are delighted to bring Le Papillon into the Ileos family. It is offering us the opportunity to further develop our know-how in fragrance unidose filling, gift & promotional items and better serve our customers in the US, which is a core geography for us."

After the integration of Le Papillon, Ileos expects to achieve a turnover of €388m for 2012.