Alcedo, alongside the existing management, has acquired 100% of the shares of Marino Belotti.

Alcedo SGR, headquartered in Treviso, is an Italian private equity firm specializing in investments in Italian SMEs.

Founded in 1979 in Chiuduno (Bergamo), Marino Belotti operates in the cosmetic packaging sector. Specifically, the company specializes in the design, development, and manufacture of standard as well as tailor-made plastic contain-ers/compacts for powder cosmetics such as eyeshadows, face powder, bronzer, and blush

The acquisition allows Alcedo, along with the management team, to elevate the Company to the next level through organic growth and strategic acquisitions.

Livingstone assisted Alcedo, along with Marino Belotti management team, as financial advisor in all stages of the acquisition of 100% of Marino Belotti.