SOCIETEX CORPORATE FINANCE has advised the AAXEN - ALKOS GROUP in the disposal of its subsidiary COSMOGEN to the private equity group (PEG) MBO PARTENAIRES.
This operation enables this investment fund to become the main shareholder while the management got a minority stake.
Since 1982, COSMOGEN offers to international cosmetic brands a range of brushes, accessories and cosmetic packaging dedicated to skincare and make-up. With a 26M€ turnover in 2015, the company has a CAGR of 13% over the last 7 years and is a strong and innovating actor in cosmetics tools and packaging.
Already located in Asia, USA and Latin America where it generates 20% of its turnover, COSMOGEN plans to continue its international development.