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Beauty Industry

Cospal Acquires L’Oreal’s Saint-Gervais Mont Blanc & Decléor Brands

Cospal is a newly formed brand builder led by Matthieu Lesieur, who aims to expand into the beauty and wellness market.

By: Beauty Packaging Staff

L’Oreal has sold two of its skincare brands, Decléor and Saint-Gervais Mont Blanc to Cospal, a new French brand builder. Matthieu Lesieus founded Cospal in 2024. 
 
This acquisition helps Cospal build a portfolio in the beauty and wellness markets. The value of the acquisition was not disclosed. 
 
Before founding Cospal, Lesieur co-founded WeFix, a smartphone repair chain with stores in France, which was then sold. 
 
L’Oréal acquired Decléor with the skincare brand Carita from Shiseido in 2014. However, in 2023, L’Oréal halted production and removed Decléor products from spas.
 
According to reports, Lesieur has long-standing family links to Decléor, since his father had acquired the brand in the late 1980s.  

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