Potomac advises Ekkio Capital on the acquisition of solid cosmetics specialist Lorcos to create a leader in natural and responsible cosmetics production
Based in Lunéville, in the Grand Est region of France, Lorcos is a long-established soap and solid cosmetics producer, developing and manufacturing for French and international brands.
Lorcos, which generated sales of €12m in 2022, differentiates itself through increasingly innovative products in solid galenics, notably soaps, shampoos and dermatological bars, as well as liquid shampoo refills.
With this acquisition, Ekkio Capital aims to create a leader in responsible cosmetics and natural beauty. This ambition will be materialized through a major investment plan to accelerate Lorcos’ organic growth and an acquisition strategy to round out the company’s range of innovative galenics and products.
Ekkio Capital is an independent French investment fund, which currently manages €350 million, and has been partnering with high-potential SMEs for over 20 years. Through sector expertise in Health & Beauty, Tourism & Leisure, Regulatory Control (ICT), and Eco-responsibility, Ekkio has made over thirty investments, structuring SMEs’ organic and external growth to make them leaders in their segments.