To bolster its presence in the Chinese market, Albéa announced the acquisition of Zhongshan Meiquan Plastic Products Co Ltd, part of the Tex R.L. group. The company, which is better known under the name Tex China, manufactures packaging for the cosmetics and perfumery sectors. The Guangdong Province, China company has 700 employees and three factories specializing in the production of mascara, lipgloss, lipstick, pots and cases. In 2011 the company had a turnover of $20 million, of which 80% cam...