Weinberg Capital Partners (WCP) has undertaken a significant investment by acquiring the majority of shares in Cosmogen, a renowned French provider of beauty packaging solutions. The financial details of this acquisition remain undisclosed, though it’s notable that Cosmogen is thriving with a projected turnover approaching €25 million in 2024.
Priscille Allais, Cosmogen’s President and CEO, expressed her enthusiasm about this development: “The teams are elated and wholly committed as they collaborate with Weinberg Capital Partners to embark on this exciting growth phase. Their financial backing affirms and aligns with our strategic vision, enabling us to expand upon our core strengths: our unique culture, shared values, innovative prowess, high-quality standards, and unwavering client focus.”
Weinberg Capital Partners is equally optimistic. Paul Cordahi, WCP’s director, praised the exceptional work done by Cosmogen under Priscille Allais’s leadership, highlighting the company’s distinctive position in a competitive market. “Cosmogen’s impressive credentials among top-tier brands, coupled with its extensive expertise, position it well for continued growth. The strong ‘customer capital’ they possess was a key attraction for our investment. Following our 2023 venture into niche fragrance brand ‘Juliette Has a Gun’, we are thrilled to enhance our engagement in the beauty industry through Cosmogen,” stated Cordahi.