Less than two years after Abenex Croissance became its majority shareholder, Prevost Laboratory Concept, a company specialised in the conception and the manufacturing of cosmetics and dietary supplements, has completed a refinancing.
“This operation intervenes in a context of the business’ outperformance, generating financial results above initial forecasts. The company is led by Marc-Henry Lussigny and his team and has become a leading player in the cosmetics market” adds Paul Bertrand, Partner at Abenex.
The company has recorded a growth rate close to 25% over 2021, while production capacity allows it to meet its development plan’s requirements going forward.
Thanks to its refinancing, the company maintains its ability to pursue potential future external growth acquisitions.
This operation was carried out with the support of “Arkea Banque Entreprises et Institutionnels” – which had already provided financing for the 2020 transaction – and the Crédit Agricole Ille-et-Vilaine.
Arkea Capital remains a shareholder alongside Abenex and the Management.
