CAPZA has acquired a minority stake in Respire, alongside its founders, who will retain a majority stake in the company.

Founded in 2018, Respire embodies a next-generation of pharmacy-based dermocosmetics players, with products built on proven long-term efficiency, clean and sensorial formulations, and short, limited and affordable ranges at affordable prices.

Since its inception, Respire has delivered sustained growth, driven by its R&D efforts and innovation capabilities, its omnichannel model combining online sales and pharmacy distribution, and a brand aligned with consumers’ expectations for products that are effective over the long term and more respectful of skin health.

A leading deodorant brand in pharmacies, Respire is also gaining strong momentum in the facial skincare market, across technically demanding segments such as sun protection, blemish treatment and radiance.

Through its investment, CAPZA will support this new phase of development and Respire’s ambitions in innovation, product expansion and international growth, whilst preserving its core pillars.

“We are very pleased to partner with CAPZA. We were particularly impressed by the team’s deep understanding of our project and our brand. This transaction enables us to remain majority shareholders while opening a new chapter in Respire’s growth journey, with the ambition of building a global leader in dermocosmetics.” – Justine Hutteau, Thomas Méheut and Guillaume Duiquet, Founders of Respire

“In just a few years, Respire has established itself as a leading committed dermocosmetics brand, combining rigorous product formulation with close relationships with its customers and partners. What stood out was the vision of its management team, the quality of the teams’ execution and the brand’s significant potential. We are delighted to support Respire in this new stage of its development, helping accelerate its growth in France and internationally and further strengthen its position as a reference in its market.” – Edouard de Beaufort, Partner, and Victoire Simon, Director, CAPZA Flex Equity

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