Summit Cosmetics Europe
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Summit Cosmetics Europe - overview
Established
1937
Location
Paris, -, France
Primary Industry
Logistics & Distribution
About
Founded in 1937 and located in Paris, France, Summit Cosmetics Europe is engaged in developing raw materials for the cosmetics sector. In April 2019, Sumitomo Corporation acquired a 90% majority stake in the company to enhance its operations in Europe. Summit Cosmetics Europe is involved in the development and distribution of raw materials and active ingredients for the cosmetics industry. Their primary offerings include Biogenic WetCapsules and a new range of high-performance active ingredients designed to meet contemporary demands for performance, naturalness, and sustainability.
These products are targeted at a diverse clientele, including cosmetic formulators, manufacturers, and brands. Summit Cosmetics serves various geographical markets, focusing on Europe, Asia, and North America. Its revenue is primarily through B2B transactions with cosmetic manufacturers and brands utilizing their raw materials and active ingredients. Summit Cosmetics Europe aims to expand its product line with new offerings targeting eco-conscious consumers, with planned launches by the end of 2023.
The company is also focusing on expanding into the Asian market by 2024 to capitalize on the rising demand for sustainable cosmetics. The acquisition by Sumitomo Corporation will support these initiatives, facilitating the firm's entry into new regions and enhancing its product development capabilities.
Current Investors
Sumitomo Corporation
Primary Industry
Logistics & Distribution
Sub Industries
Beauty & Hygiene, Logistics & Distribution
Website
www.summitcosmetics-europe.com
Total Amount Raised
Subscriber access only
Summit Cosmetics Europe - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Summit Cosmetics Europe | - |
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