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Private Equity | Consumer & Retail

Coverpla has received majority investment from a group of investors led by GENEO Capital Entrepreneur

September 2024 — Coverpla Group has successfully completed a majority LBO with a consortium of investors led by GENEO Capital Entrepreneur, together with MACSF, Société Générale Capital Partenaires (SGCP), BNP Paribas Développement, and Bpifrance.

Founded in 1946, Coverpla is a French company specializing in the design, manufacturing and distribution of premium, fully customizable standard packaging for the fragrance and beauty industries. The group offers over 250 references for bottles and caps designed for small to medium production runs, catering to both premium and niche brands. With subsidiaries in Italy and the USA, as well as a vast distributor network, Coverpla’s products are sold in over 70 countries with more than 70% of its revenue generated internationally. Coverpla is renowned for its product quality, agility, creativity and innovation. It supports the growth of emerging brands and collaborates with leading names in the beauty sector. The company continues to strengthen its global market position through its specific expertise and commitment to environmental sustainability.

The consortium of investors was headed by GENEO Capital Entrepreneur, an investment firm dedicated to supporting small and medium-sized enterprises (SMEs) and mid-sized companies (ETIs) in their long-term development projects. It was supported by SGCP, a private equity firm specializing in capital structuring, strategy, governance and organizational development, MACSF which provides insurance services for healthcare professionals in France, BNP Paribas Développement which helps successful SMEs grow sustainably by facilitating business transitions and Bpifrance, France's public investment bank.

Our role in the transaction

Oaklins’ team in France acted as the exclusive financial advisor to Coverpla Group and its shareholders in this transaction.

Parties
“For this new capital operation for our group, my longstanding shareholders and I chose to partner with Oaklins’ team in France. I would like to express my gratitude for the team’s energy and enthusiasm, their constant, professional and meticulous support, their understanding of key moments and their unwavering friendliness, all of which enabled us to successfully complete this transaction on time.”

Bruno Diepois

Chairman, Coverpla

Talk to the deal team

Ghislain de Feydeau

Director
Paris, France
Oaklins France

Hadrien Mollard

Managing Partner
Paris, France
Oaklins France

Océane Chainho

Associate Director
Paris, France
Oaklins France

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