New Trendup S.p.A.

Sector

Beauty

Date of investment

November 2025

Investment status

In portfolio, Armònia Italy Fund II

New Trendup S.p.A. (“New Trendup”), is a Made in Italy group in the beauty sector that integrates three companies: Trendcolor S.r.l. (CDMO make-up), InUnUp S.r.l. (full-service CDMO) and New Cosmesy S.r.l. (CDMO fragrances).

The Group aims to build a fully integrated and comprehensive value chain in the make-up sector, covering all stages from formulation R&D to packaging, logistics, and e-commerce, while simultaneously pursuing a diversification strategy in the fragrance segment.

New Trendup serves the Italian market as well as the EU, the US, and the UAE, supplying leading brands across the broader beauty sectors.

News

01/02/2021
Finance & Business – The Protagonists – Sigieri Diaz Pallavicini
From Aspesi luxury to Arrigoni tech: this is how we focus on Made in Italy
03/08/2023
Armònia SGR, raising to 140 million
First phase of raising Armònia Italy Fund II completed.
17/12/2025
Fifth investment for Armònia Italy Fund II
Fifth investment for Armònia Italy Fund II