Global investment group Eurazeo has announced it is acquiring a controlling stake in US clean beauty brand Beekman 1802.
Eurazeo is investing USD 62 million out of a total of USD 92 million to acquire a majority stake alongside co-investors Cohesive Capital Partners and the Cherng Family Trust.
Microbiome and goat milk
Founded in 2009 by Dr. Brent Ridge and Josh Kilmer-Purcell in Sharon Springs, New York, Beekman has grown into a successful omnichannel brand with a diverse array of beauty wellness products. The brand offers a line of premium skincare and body care products that leverage microbiome science and harness the benefits of goat milk.
Eurazeo’s investment will support the continued expansion of Beekman 1802 across multiple channels, categories, and geographies, leveraging and further enhancing the brand’s storytelling capabilities and products. As part of Eurazeo’s investment, Marc Rey, former CEO of Shiseido Americas, will join the Company’s Board of Directors as Chairman, alongside Adrianne Shapira, Managing Director, and George Birman, Principal at Eurazeo.
