PM Studio Group Buys TNT Group to Build Beauty Packaging Platform

· Beauty & Fashion · France

PM Studio Group, which specializes in gifting, secondary packaging and bespoke accessories, has acquired TNT Group to expand its beauty and luxury packaging offering. The combined business generates roughly 130 million euros (about US$145 million) in revenue and aims to become a leading global packaging partner. The deal adds capacity at a moment when beauty brands are under pressure to differentiate through packaging formats, refills and premium gifting sets. Consolidation of packaging suppliers gives brand owners fewer but larger partners, which can affect lead times, minimum order quantities and the ability to develop recyclable or refillable formats at scale.

Why it matters：Supplier consolidation in beauty packaging concentrates capacity among fewer players, shifting negotiating power away from brands just as sustainability demands complicate format development.

Key points

  • The combined company generates about 130 million euros, or US$145 million, in revenue.
  • PM Studio Group focuses on gifting, secondary packaging and bespoke accessories.
  • The merged business targets a leading position in global beauty and luxury packaging.

Sources (original reporting)

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