Key Takeaways:Cosmogen, a leading provider of primary packaging for cosmetics brands, acquired Asquan.The deal will result in a new international player, Cosmogen&Asquan Group.The strong synergy between the two companies naturally led to this acquisition, which is strategically aligned.Cosmogen acquired Asquan, announcing the launch of  Cosmogen&Asquan Group, a new global leader in premium packaging.WHO: Asquan has built a leading reputation thanks to its wide range of customized products across multiple categories. Asquan maintains a strong presence in the United States through its collaboration with highly dynamic indie brands. The company is also recognized for the quality of its organization and processes, and is known for its range of sustainable mono-material and airless packaging, tottles, and mini packaging formats across makeup and skincare.Founded in 1982, Cosmogen has a broad catalog of patented products and customized solutions, catering to the needs of beauty clients such as L’Oréal, Clarins, Caudalie, and Dior. It has also made a foray into the pharmacy market with a dedicated packaging range. The business is highly committed to ESG, as demonstrated by its latest innovations, which are 100% eco-designed and dismantleable to improve the lifecycle. The company has 30 employees spread across Paris, Asia, the United States, and Brazil.WHY: The deal aligns with Cosmogen’s strategy to accelerate growth and become a leading global player. This first external growth initiative for Cosmogen was spearheaded by Weinberg Capital Partners.