Cosmogen, specialists in high-value-added application solutions for the beauty, wellness, and health sectors, has acquired Asquan, a specialist in premium multi-category packaging, are now combining their strengths.

Cosmogen’s acquisition of Asquan gives rise to Cosmogen & Asquan Group, a new international group capable of supporting brands, both established and emerging, with agility across all their packaging needs. Together, they create a unique premium offering on the market, spanning skincare, haircare, makeup and fragrance, combining global solutions with bespoke developments.

Cosmogen & Asquan Group brings together nearly 80 employees and generates consolidated revenue of $50 million. The Group will be led by Cosmogen’s current CEO, Priscille Allais, who will now serve as Group CEO, and Henri Tinchant, founder of Asquan, who will serve as Group COO.

Cosmogen & Asquan Group’s client portfolio includes LVMH, L’Oréal, Clarins, Caudalie, Puig, Shiseido, Westman Atelier, Huda Beauty, Kayali, and Martine, reflecting both the diversity of the brand segments it serves and the strength of its international footprint.

With operations across Europe, the U.S., Asia, and the Middle East, Cosmogen & Asquan Group now benefits from a solid and balanced base to accelerate its growth and create new synergies for brands.

As CEO of Cosmogen, Priscille Allais has held senior executive positions at L’Oréal, LVMH and Michael Kors. Founder and President of Asquan Group, Henri Tinchant is also the co-founder of HCT Group, where he spent many years. Both executives share “a long-term vision and a common conviction: value is created through high standards, close client relationships and the ability to bring together committed teams.”

Priscille Allais, CEO of Cosmogen&Asquan Group, said, “In a consolidating beauty market, it was essential to evolve. The acquisition of Asquan was an obvious step, given the strength of the complementarity between our two companies. It enables us today to become a leading global partner for brands that are themselves global, while further strengthening our environmental and social commitments. I look forward to working closely with Henri Tinchant, whose unique industry experience will be a key asset for the Group.”

Henri Tinchant, COO of Cosmogen&Asquan Group, commented, “This transaction strengthens our ability to support our clients while preserving their trust, through the constant attention we give them and an uncompromising level of service. The scale we are reaching today is a key lever: It strengthens our industrial footprint, reinforces our expertise and expands our range of solutions. This dynamic primarily benefits our clients and amplifies what has always been our strength.”