jeudi 2 janvier 2025

With Weinberg acquisition, Cosmogen reveals ambitions for external growth

With Weinberg acquisition, Cosmogen reveals ambitions for external growth
Cosmogen is set to enter a new era following Weinberg Capital Partners’ majority acquisition in the French beauty packaging supplier. External growth opportunities, international expansion and digitalization are all on the cards.

Weinberg Capital Partners has acquired a majority stake in Cosmogen, a French supplier of primary packaging solutions for beauty, from MBO+. Cosmogen produces packaging for the likes of luxury brands Dior, Prada, Lancôme and Clarins as well as masstige players, such as Caudalie. The move is set to enable the supplier to « continue its strong growth trajectory,” Paul Cordahi, Director at Weinberg Capital Partners, said in a statement. “We have already identified opportunities for external growth, with the aim of strengthening the company internationally,” he said. Indeed, Weinberg’s game plan is to focus on five strategic areas: external growth, digitalization, internationalization, team structuring, and ESG support. The investor also noted that it was won over by what it calls Cosmogen’s “first-rate customer capital”.

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