Lars Horgen Hinze
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AURELIUS Equity Opportunities SE & CO KGaA announced 4th of July 2018 that it through its subsidiary Scandinavian Cosmetics Group has acquired all the shares in Solis International Cosmetics AS and Alf Sörensen AB for an undisclosed consideration. The acquisitions will increase to annual revenue of Scandinavian Cosmetics Group to well over EUR 100 million.
Scandinavian Competics Group is the largest manufacturer-independent luxury and consumer brand management company for perfumes, cosmetics, hair care and skin care products in Denmark, Norway, Sweden and Finland.
AURELIUS Equity Opportunities SE & CO KGaA represents the listed entity within the AURELIUS Group that focuses on investing in special situations and mid-market transaction opportunities.
Arntzen de Besche has been legal advisor to Scandinavian Cosmetics Group.
More information about the transaction is available here.