Company News, Packaging News

Ileos Acquires Aphena Health & Beauty

Adds $13 million business to beauty packaging portfolio.

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By: TOM BRANNA

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Ileos has acquired Aphena Health & Beauty, a division of Aphena Pharma Solutions Holdings, Inc., who specializes in turnkey development and manufacturing of sampling vehicles for the color cosmetics and fragrance industries. A purchase prices was not disclosed. Aphena Health & Beauty's 2013 sales are expected to reach $13 million. Aphena Health & Beauty, managed by Dominick Montano has 60 employees and is located in Whippany, NJ. Ileos already has 18 manufacturing locations...

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