Avrio Sells Biopharmacopae's Cosmetics Portfolio to PE-Backed Unipex
Lucas Meyer Cosmetics, a subsidiary of Québec City-based Unipex Group, is buying the portfolio of cosmetic ingredients and related IP rights of Biopharmacopae Design International from the company's Canadian venture backer, Avrio Capital. The acquisition price was not disclosed. Unipex, which specializes in active ingredients, specialty chemicals and other chemical products, has been owned by European private equity firm IK Investment Partners since 2012. Québec City's Biopharmacopae has been backed by Avrio since 2008.





