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Private equityLeadership & Governance 22 Sep 2026

Coverpla plans leadership handover under Geneo ownership as revenue stays flat

Perfume and cosmetics packaging supplier Coverpla is preparing a handover from chairman Bruno Diepois to managing director Sebastien Saussereau, planned since Geneo Capital Entrepreneur became majority shareholder in September 2024. The Nice-based company, with EUR 23m of revenue, expects 2026 to be flat for a second consecutive year and is examining external growth options.

Why this mattersA EUR 23m perfume packaging supplier with flat revenue is looking to external growth, one route to scale in a fragmented French cosmetics packaging supply base.

  • Coverpla generates EUR 23m in annual revenue and employs 45 people at its Nice site, four in the United States and two in Italy.
  • Geneo Capital Entrepreneur became majority shareholder in September 2024.
  • A handover from chairman Bruno Diepois to managing director Sebastien Saussereau has been planned since that change of ownership.
  • US revenue is up more than 30% in 2026 after a weak 2025.
  • 2026 revenue is expected to be flat, matching stagnation in 2025.
  • Management says it is examining external growth options.
Coverpla
Sources premiumbeautynews.com FR
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-09-24 · Edited before publication: The excerpt supports that a handover was planned when Geneo took control but does not give a two-to-three-year timeframe or say Diepois remains a shareholder; both removed. The acquisition angle rests on a truncated sentence about external growth, so the headline no longer leads on acquisitions.