When was COSMOGEN acquired by MBO+?

COSMOGEN was acquired by MBO+ in 2014.

What was the revenue of COSMOGEN at the time of the deal?

The revenue of COSMOGEN at the time of the deal is estimated to be in the range of 10M - 30M EUR.

What was the EBITDA of COSMOGEN during the acquisition?

COSMOGEN's EBITDA is estimated to be in the range of 0M - 5M EUR.

How is the data for the COSMOGEN acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the COSMOGEN deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.fusacq.com/buzz/mbo-partenaires-investit-dans-l-expert-en-cosmetiques-alkos-cosmogen-a74790_fr_

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Home Database Industry & ManufacturingCOSMOGEN

04/2014

COSMOGEN acquired by MBO+

FRANCE Chemicals & Materials / Packaging & Containers REV 10M - 30M EUR

Context

The Management Buy Out operation led by MBO Partenaires allows Dominique Vautier to become the manager and shareholder of the Alkos-Cosmogen group, while Gérard Gieux retains a significant stake in the capital and a strong involvement in the Group's strategy. The key executives become shareholders and will support Dominique Vautier in the implementation of an ambitious strategic plan, based on organic growth, the development of new products, and international development.

COSMOGEN, which reported an EBITDA margin of in 2015, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Cosmogen is a French company specializing in the design and provision of primary packaging and application solutions for the global cosmetics sector. Following its spin-off from Alkos Group in 2016, the firm has concentrated on creating technical and often patented products, including innovative applicators, brushes, and accessories for skincare and makeup. Cosmogen's primary client base is located in Europe and includes major international brands such as L'Oréal, Dior, Caudalie, and Clarins. The company utilizes a "fabless" business model, which allows it to focus on its core competencies of research, development, and design while maintaining a flexible and scalable supply chain. Cosmogen demonstrates a strong commitment to corporate social responsibility; it became a mission-driven company ("entreprise à mission") in 2022, legally embedding social and environmental objectives into its corporate framework. In late 2025, its efforts in sustainability were acknowledged with an EcoVadis Gold medal for its ESG performance.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2015

2014

Other operations with COSMOGEN

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
05/2026	COSMOGEN	ASQUAN	CHINA	Packaging & Containers
12/2024	WEINBERG CAPITAL PARTNERS / BNP PARIBAS DEVELOPPEMENT	COSMOGEN	FRANCE	Packaging & Containers

REFERENCES

Revenue range: 10M - 30M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of COSMOGEN by MBO+ are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: cosmogen

Acquirer: mbo+