SOCIETEX CORPORATE FINANCE has advised the AAXEN - ALKOS GROUP in the disposal of its subsidiary COSMOGEN
- 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 26Mâ‚¬ 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.