Paris-based capital market company Weinberg Capital Partners has become the new majority shareholder of French beauty application and packaging company, Cosmogen, a leading business in the creation of applicators, brushes, and accessories for cosmetic brands.
The company, which works with key beauty players such as L’Oréal, Clarins, Caudalie and Dior, offers an array of patented products and customised solutions and is known for its eco-designed, dismantlable solutions.
In 2024, Cosmogen turned over nearly 25 million euros in 2024 and has global presence, with 30 employees based across France, Brazil, the US and Asia.
More recently it entered the pharmacy market with a dedicated range of packaging.
Consolidating its sector in France and internationally
Weinberg Capital Partners, which invested in the niche fragrance brand Juliette Has a Gun in 2023, said it plans to “support Cosmogen in consolidating its sector in France and internationally.”
President and CEO of Cosmogen, Priscille Allais, said the move will allow the business “to accelerate Cosmogen’s development leveraging on what makes us successful today: our culture, our values, our innovation capacity, our high standards, and our dedication to our clients.”
Meanwhile director at Weinberg Capital Partners Paul Cordahi said that he believed that Cosmogen’s reputation among major brands and its wealth of expertise will enable it “to continue its strong growth trajectory.”
Cordahi added that this prominent ‘customer capital’ is what attracted the company to make the acquisition.” And said that the company is “delighted to strengthen its presence in the beauty sector with Cosmogen.”