act legal France advises Asquan Group shareholders on its sale to Cosmogen

The Corporate/M&A team at act legal France has successfully advised the shareholders of Asquan Group on its sale to Cosmogen, backed by Weinberg Capital Partners.

This strategic merger creates the new "Cosmogen & Asquan" group, marking a significant milestone in the premium cosmetic packaging industry. The transaction elevates the combined entity to mid-cap status, with a consolidated turnover of €50 million.

The integration of Asquan (headquartered in Singapore with operational branches in the United States, Hong Kong and France) provides the group with a strategic foothold to accelerate its growth in the U.S. market. The synergy between the two companies leverages Cosmogen’s technical expertise and patented innovations alongside Asquan’s sourcing capabilities and strong positioning with "indie brands."

The deal was led by Olivier SANVITI (Partner) and Linda BOUDOUAOUIR (Senior Associate), with the support of the firm’s Corporate/M&A team, further demonstrating act legal France’s expertise in managing complex cross-border transactions.