President & CEO
Following Alcan’s acquisition of Pechiney in 2004, François Luscan was tasked with creating Alcan Packaging Beauty. By integrating and strategically repositioning the cosmetic packaging activities, he created a unified offering with newly strengthened leadership. In 2010, he successfully transitioned the business to a new shareholder, Sun Capital, and its new status as an independent company: Albéa was born. After being appointed chairman and CEO of the new entity, François began an ambitious development strategy that included four acquisitions in three years. In 2018, he led Albéa’s transition to new shareholder PAI Partners, reaffirming ambitions for profitable, sustainable growth in the future.
Prior to Albéa, François had a proven track record for driving development and profitability. He began his career in R&D at Pechiney Group in 1985. He then worked as a production engineer in the flexible packaging division for three years. In 1989, he rejoined Cebal's tubes division, and was appointed head of several factories. During this period, the volume and operating profit jumped by 20%.He was then promoted to managing director of Cebal aerosols division, managing six factories and generating over $100 million in gross revenue. Thanks to a successful development plan and restructuring, he was able to significantly improve the business's profitability before selling it.
François is a graduate of Ecole Centrale de Lyon and Sup’Aero.
PAI Partners is Albéa’s sole shareholder since March 2018. It is an independent private equity company established in 1872, with deep roots in France and Europe. Its participations are primarily in the industry, business services, healthcare, food & consumer as well as retail & distribution sectors.
PAI Partners operates worldwide with 8 offices in Europe and the US. Its focus is on organic and external growth with a long-term view. Its core beliefs are to invest with conviction; maintain discipline; attract and retain the best talents; and transform through (in)organic value creation.
Albéa is part of PAI’s Europe VI portfolio which comprises 17 companies and was launched in 2014.