{"id":12124,"date":"2026-03-10T05:36:16","date_gmt":"2026-03-10T09:36:16","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=12124"},"modified":"2026-03-10T05:36:16","modified_gmt":"2026-03-10T09:36:16","slug":"blackstone-considers-sale-of-shyahsin-packaging-report","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=12124","title":{"rendered":"Blackstone considers sale of ShyaHsin Packaging \u2013 report"},"content":{"rendered":"


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ShyaHsin Packaging manufactures a range of packaging products used in the beauty sector. Credit: Irina Kvyatkovskaya \/ Shutterstock.com. <\/figcaption><\/figure>\n<\/p><\/div>\n

Blackstone has engaged Citigroup to prepare for a potential sale of ShyaHsin Packaging, reported Bloomberg<\/a>, <\/em>citing sources.<\/p>\n

The private equity company is aiming for a valuation of at least $1bn in any potential deal, according to individuals who requested anonymity as the discussions remain confidential.<\/p>\n

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The sale process could begin later this year.<\/p>\n

Interest in ShyaHsin has come from other private equity investors and sector companies, according to the same sources.<\/p>\n

However, Blackstone has not made a final decision and may opt to retain its holding for the time being.<\/p>\n

Spokespeople for both Blackstone and Citigroup declined to comment.<\/p>\n

ShyaHsin Packaging manufactures a range of packaging products used in the beauty sector such as containers for colour cosmetics, skincare items, and fragrances.<\/p>\n

Its production facilities are located in China and Mexico. Blackstone acquired ShyaHsin in 2017 for an amount reported to be between $800m and $900m.<\/p>\n

Earlier this year, Mergermarket reported that Blackstone was reviewing options for a sale and had held talks with Goldman Sachs Group regarding possible buyer interest.<\/p>\n

ShyaHsin Packaging was included on the 2025 CDP (Carbon Disclosure Project) A List, achieving A ratings in Climate Change and Water Security for a second consecutive year.<\/p>\n

The company\u2019s product range includes brow products, compacts, cushions, lip glosses and concealers, lip and pan sticks, loose powder jars, mascaras, and mechanical pens.<\/p>\n

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