PARIS — American packaging manufacturer GPA Global said Tuesday that it has acquired Cosfibel Group, a France-based maker of luxury promotional packaging, luxury gifting and merchandising solutions.

Financial terms of the deal, which supplies GPA a robust European footprint, weren’t disclosed.

“This latest acquisition sees GPA further establish itself as a world leader in luxury packaging and advances GPA’s goal of growing nearshore and onshore manufacturing capabilities,” the group said in an announcement.

Cosfibel, which was founded by Alain Chevassus, has key manufacturing plants in Spain, Portugal and Belgium. The group works with corporations including L’Oréal, Chanel, LVMH Moët Hennessy Louis Vuitton, Rémy Martin, Ladurée and greater than 70 global brands.

Cosfibel has service centers in 16 locations and works vertically in sectors reminiscent of beauty and private care, wine and spirits, and high quality foods.

“This growth in presence is vital to GPA’s strategy of helping clients shorten supply chains to extend speed-to-market, de-risk the availability of materials and reduce carbon emissions,” GPA said.

“Cosfibel’s CEO, Marie Sermadiras, is a serial entrepreneur, and she or he has joined GPA’s executive leadership to assist further GPA’s expansion in Europe,” said Adam Melton, chief executive officer of GPA.

“Our global supply chain and manufacturing capabilities will enable us to higher support Cosfibel’s customers and increases our prominence within the beauty and food sector, while furthering our leadership in wine and spirits,” he continued. “Cosfibel has a talented global team, and its founder Alain Chevassus will work with us in a senior advisory role.”

“GPA and Cosfibel’s complementary capabilities, creativity and excellence in execution will enable us to grow even quicker, speed up our diversification and foster the transformation of the pack and gift industry,” Sermadiras said.

In December 2022, GPA acquired California-based Jenco Productions, marking GPA’s entry into Mexico and constructing on its capabilities within the U.S.

Ontario Teachers’ Pension Plan Board acquired a controlling stake in GPA in September 2022.

Tom Wang and Adam Melton cofounded GPA in 2007. Based in North America, it counts greater than 3,000 employees across the globe.