Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - AURELIUS sells Scandinavian Cosmetics Group to Accent Equity

Posted 11th October 2019

AURELIUS sells Scandinavian Cosmetics Group to Accent Equity

AURELIUS acquired Scandinavian Cosmetics as part of activities carved-out from Swiss Valora Group. AURELIUS successfully carved-out the business from its former owner and subsequently established Scandinavian Cosmetics as one Nordic group by implementing a common management structure and entering Denmark and Finland.

Scroll to keep reading

AURELIUS sells Scandinavian Cosmetics Group to Accent Equity

Aurelius

AURELIUS sells Scandinavian Cosmetics Group to Accent Equity

AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) has agreed to sell its subsidiary Scandinavian Cosmetics Group to the Nordic investment fund Accent Equity 2017. The transaction is conditional on approval from the competition authorities, and closing is expected to occur in the fourth quarter of 2019.

Significant increase in revenues after a successful carve-out, sustainable operational improvements and strategic add-on acquisitions.

AURELIUS acquired Scandinavian Cosmetics as part of activities carved-out from Swiss Valora Group. AURELIUS successfully carved-out the business from its former owner and subsequently established Scandinavian Cosmetics as one Nordic group by implementing a common management structure and entering Denmark and Finland. Efficiency improvements and business development projects were implemented and led to profitable growth.

Under AURELIUS’ ownership the company has continued its transformation from a distributionfocused business into a leading brand management company, covering all aspects of the value chain, including brand building, digital and traditional marketing, and category management and distribution. It also covers all relevant distribution channels, in particular perfumeries, drug stores, upmarket department stores, and online stores.

The add-on acquisitions of Solis AS and Alf Sörensen AB in July 2018 strengthened the market position of Scandinavian Cosmetics Group as the largest manufacturer-independent luxury and consumer brand management company in the Nordics. Today the company has a well-defined strategy for organic growth and proven M&A capabilities for further add-on acquisitions.

As a result of the transformation programme, revenues increased by 25 percent under AURELIUS’ ownership.

The buyer, Accent Equity, will support Scandinavian Cosmetics in its next growth phase.

Accent Equity has a broad experience of growing businesses in different industries and sectors, and is well positioned to support Scandinavian Costmetics Group to grow internationally – organically and through add-on acquisitions. The company’s continued development is supported by its highly experienced management team, strong position in the Nordic market and the company’s unique position in the value chain.

Categories: Finance, M&A

You Might Also Like

SGP Rechtsanwälte Advise Pyrolyx’s Purchase of Carbon Clean Tech Stegelitz

08/07/2015SGP Rechtsanwälte Advise Pyrolyx’s Purchase of Carbon Clean Tech Stegelitz

SGP Rechtsanwälte Advise Pyrolyx's Purchase of Carbon Clean Tech Stegelitz

9 Ways to Prepare Your Business for the Next Recession

09/11/20209 Ways to Prepare Your Business for the Next Recession

Recessions are a part of economic life, but they are difficult to predict in advance. That’s why the best time to develop a plan is while things are looking up. By making wise choices while the economy is stable, you can prepare for the uncertain future. Her

2016 Intellectual Property Practitioner of the Year – Cameroon

31/07/20162016 Intellectual Property Practitioner of the Year – Cameroon

Based in Yaoundé, GAD Consultants provide legal assistance in protection and valorisation of all aspects of IP assets.

An Inside Look at AI’s Most Outstanding Strategic Communications Team

26/06/2017An Inside Look at AI’s Most Outstanding Strategic Communications Team

As the head of strategic communications firm Sharon Merrill Associates, Maureen Wolff has received more than her share of 3 a.m. phone calls from anxious CEOs and board members. And she remembers every one of them. The arson at a document storage facility.

Shaping the Future in the Digital Age

06/02/2024Shaping the Future in the Digital Age

For the best part of the last two decades, Liliana Bakayoko has been a vital cog in the works when it comes to assisting national and international clients with matters of law.

What Makes Gamified Learning Critical for Employee Engagement?

04/05/2026What Makes Gamified Learning Critical for Employee Engagement?

Most employees dread training. That is not a secret. Slide decks, policy documents, and monotonous quizzes do very little to spark genuine interest. Gamified learning changes the experience by integrating interactive, reward-based elements directly into educat

Strategic Cleaning: Enhancing Health, Morale, And Profits

Corporate Social Responsibility

30/08/2023Strategic Cleaning: Enhancing Health, Morale, And Profits

As a business owner, you want your company to succeed in every aspect, and one often overlooked area is the cleanliness of your workspace. A clean office serves as a reflection of your company's values and professionalism.

The Future of Work Dichotomy in a Digital World

01/02/2023The Future of Work Dichotomy in a Digital World

Any business leader hoping to return to ‘traditional’ ways of working is on a fast-track to failure. That horse has bolted. Not only have employees re-evaluated the concept of work, but they have the experience that proves digital technologies enable a fun

Deal of the Month

01/07/2016Deal of the Month

Next Group is a highly innovative technology company, providing unique telecommunications platforms that are both elegant and efficient.

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS