Investment date: May-25
Status: In Portfolio
BRIEF DESCRIPTION
Verescence is a global leader in the beauty market with ~21% market share, with presence in Europe, North America and APAC. Recognised as a trusted partner to top luxury brands due to its extensive portfolio of innovative and differentiated solutions.
Operating in a high-barrier-to-entry market, it benefits from growing demand for sustainable packaging (“glassification”), allied to a shift towards higher value-added products (“premiumization”), positioning Verescence as a premium supplier of choice.
