Cosmogen, an applicators, brushes and accessories maker for cosmetics brands, is under new ownership – investment firm Weinberg Capital Partners.
The deal is the third transaction of LBO WCP#4, a fund supported by WCP Co-Invest – a co-investment vehicle launched in September – and BNP Paribas Développement.
Established in 1982, Cosmogen specialises in high value-added primary packaging for cosmetics.
It more recently moved into the pharmaceuticals industry with a range of packaging dedicated to OTC products.
“The teams are delighted, fully committed and motivated to lead this new stage of growth with Weinberg Capital Partners, whose investment is a validation of our vision and strategy,” commented Groupe Cosmogen CEO Priscille Allais.
“It will enable us to accelerate Cosmogen’s development while remaining true to what makes us successful today: our culture, our values, our capacity for innovation, our high standards and our dedication to our customers.”
Paul Cordahi, Director at Weinberg Capital Partners, commented: “Priscille Allais has done a remarkable job of positioning Cosmogen as a unique player in a dynamic market.
“Her reputation with major brands and her wealth of expertise should enable Cosmogen to continue its strong growth trajectory.
“It is this first-rate ‘customer capital’ that won us over.
“We have already identified opportunities for external growth, with the aim of strengthening the company internationally.”
Cosmogen has been owned by MBO+, formerly MBO Partenaires, since 2016.