Sun European Partners, LLP has entered into exclusive negotiations to sell packaging company Albéa to PAI Partners (PAI). The proposed transaction is subject to customary regulatory approvals. Albéa provides a wide range of solutions for the makeup, fragrance, skin care, personal care and oral care markets. The company’s product portfolio includes plastic and laminate tubes, mascaras, lipsticks, lipglosses, compacts, plastic closures and shells, spray-caps, jars, lids, cosmetic accessories,...