The French natural cosmetics company Universal Beauty Group, known for its Végétalement Provence brand, announces a EUR 6 million capital raise from a group of investors led by Connect Pro, an investment fund based in Marseille, alongside the private equity funds BNP Paribas Développement and Etoile Capital.
Following the transaction, the founders, Vincent Faraco and Jean-Marc Delabre, will remain reference shareholders and will continue to lead the group.
The investors' entry into the...
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