Naxicap invests in Laboratoire Gravier

CEO Jean-François Gravier will hold a large majority of the company's shares. Laboratoire Gravier is currently building a second factory and plans to develop a new baby-focused cosmetics range. Naxicap also aims to quickly look for acquisition opportunities.

Founded in 1975, Domazan-based Laboratoire Gravier develops a range of organic-based products across three brands. Cosmo Naturel is a range of cosmetic products using organic ingredients. Lérutan and Harmonie Verte are two cleaning product brands also based around organic formulas. The group has grown at an average of 13% per annum over the past three years.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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• Expansion
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