- Cathay Capital first invested in Juliette in November 2020
- Weinberg Capital is a private equity firm based in Paris, France
- Cathay Capital is a global investment firm with over $5bn in assets under management
Cathay Capital has increased its stake in Juliette has a gun, and Weinberg Capital Partners has invested in the company.
Juliette is a perfumery brand based in Paris, France. The company also offers a range of home fragrances and personal care products such as candles, hand cream, and diffusers.
Cathay Capital first invested in Juliette in November 2020.
Juliette, in the last four years, has seen growth with an average of 40 percent a year, tripling its turnover over the last two years to achieve €120 million in retail sales value in 2022.
“We are proud to remain part of their cross-border growth journey and believe the brand still has significant runway, which is why we are investing even more this time alongside Weinberg Capital Partners to accelerate their development even further,” said Edouard Moinet, partner at Cathay Capital.
Juliette plans to consolidate its presence in in the US, China, and the Middle East, as well as further develop in Latin American and Southeast Asian perfume markets, according to a release.
Cathay Capital, based in Paris, France, is a global investment firm that supports companies in Europe, Asia, North America, and Africa. The firm manages over $5 billion in assets and has made more than 230 investments.
Weinberg Capital is a private equity firm based in Paris, France.