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Borderline

Is Cover FX Canadian?

Partly

Ownership is split or partially foreign — read the details.

What we found

Founded in 1999 by chemist Victor Casale and Lee Graff in Toronto. Acquired by L Catterton (private equity, 2011), then AS Beauty (2022). Officially closed as of January 2026.

The receipt

VerdictBorderline
CategoryBeauty & Personal Care
HQToronto, Ontario
Confidencehigh
EvidenceSecondary source only
Sourcehttps://mergr.com/transaction/as-beauty-group-acquires-cover-fx-skin-c… secondary source — registry check pending
“AS Beauty Group acquired Cover FX from L Catterton Partners on February 3, 2022.”
Verdicts are only marked verified once a government registry record or corporate filing confirms them.

Canadian alternatives to Cover FX

Every brand below is listed as Canadian-owned in our registry.

BrandCategoryHQ LocationOwnership Check
8 FacesBeauty & Personal CareCanadaView ownership →
Annabelle CosmeticsBeauty & Personal CareMontreal, QuebecView ownership →
ATTITUDEBeauty & Personal CareMontreal, QCView ownership →
Attitude (ATTITUDE)Beauty & Personal CareMontreal, QuebecView ownership →
BASMA BeautyBeauty & Personal CareCanadaView ownership →
Beauty Boutique by Shoppersbeauty retailersToronto, ONView ownership →
Spotted something wrong? Ownership changes all the time — report a correction and we'll re-check the records.