{"id":45708,"date":"2024-06-05T09:30:31","date_gmt":"2024-06-05T07:30:31","guid":{"rendered":"https:\/\/capitalmind.com\/?post_type=deals&p=45708"},"modified":"2024-06-10T12:02:16","modified_gmt":"2024-06-10T10:02:16","slug":"care-cosmetics-enters-dach-market-by-partnering-with-sommaire-beaute","status":"publish","type":"deals","link":"https:\/\/www.investec.com\/advisory\/deals\/care-cosmetics-enters-dach-market-by-partnering-with-sommaire-beaute\/","title":{"rendered":"Care Cosmetics enters DACH-market by partnering with Sommaire Beaut\u00e9"},"content":{"rendered":"\n

About the deal<\/h2>\n\n\n\n

Investec’s international Consumer team has advised Dutch Care Cosmetics, backed by Belgian 3d investors, on its partnership with Sommaire Beaut\u00e9 GmbH, D\u00fcsseldorf. With this deal, Care Cosmetics enters the DACH-market, marking an important next step of its international buy-and-build expansion strategy.<\/strong><\/p>\n\n\n\n

Sommaire Beaut\u00e9 is a leading distributor of niche beauty and lifestyle brands. Founders and managing directors Patrick Mehrow and Christoph Broich will continue to drive the growth of Sommaire Beaut\u00e9 as shareholders, supported by Care Cosmetics.<\/p>\n\n\n\n

Founded in 2014, Sommaire Beaut\u00e9 has achieved significant growth, specializing in attractive and sought-after brands such as Marvis, Mario Badescu, Omorovicza and Ultra Violette with national coverage in retail distribution in Germany, Austria and Switzerland. Sommaire Beaut\u00e9 supplies luxury department stores such as The KaDeWe Group, Ludwig Beck, Globus (CH) and over 600 long-established independent perfumeries in Germany, Austria and Switzerland.<\/p>\n\n\n\n

Care Cosmetics is the Benelux market leader in the distribution of professional beauty brands and producer of two own brands. It was founded in 1996 by Duco van Keimpema and has been backed since 2020 by Belgian 3d investors, which holds a majority stake along Duco van Keimpema.<\/p>\n\n\n\n

Care Cosmetics\u2019 founder Duco van Keimpema sees strong strategic alignment in this partnership: \u201cSommaire Beaut\u00e9 is an ideal platform to reinforce the international expansion strategy with a clear mutual ambition: to grow the business of Sommaire Beaut\u00e9 in DACH and share commercial opportunities within the brand portfolio across local markets. Both parties will benefit from each other\u2019s local distribution network for further growth.<\/em>\u201d<\/p>\n\n\n\n

What we did<\/h2>\n\n\n\n

Investec’s international Consumer team advised Care Cosmetics and 3d investors on the identification and approach of Sommaire Beaut\u00e9, support on the preparation of offer \/ term sheet, coordination of and support on due diligence as well as negotiation support up until signing and closing of the transaction.<\/p>\n\n\n\n

“Investec has been instrumental in helping us unlock the German market for Care Cosmetics through the partnership with Sommaire Beaut\u00e9. Their sector expertise, professionalism and diligence provided a significant value-add for us and were key to getting this transaction completed swiftly and successfully.”<\/em><\/p>\n\n\n\n

\n

Nicolas Sneyers<\/strong>
Investment Director, 3d investors<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

About the deal Investec’s international Consumer team has advised Dutch Care Cosmetics, backed by Belgian 3d investors, on its partnership…<\/p>\n","protected":false},"featured_media":0,"template":"","dt":[],"sector":[27],"dealtype":[40],"clienttype":[32,38],"class_list":["post-45708","deals","type-deals","status-publish","hentry","sector-consumer","dealtype-buy-side","clienttype-family-businesses","clienttype-financial-investors"],"acf":[],"yoast_head":"\nCare Cosmetics enters DACH-market by partnering with Sommaire Beaut\u00e9 | Investec Business Advisory<\/title>\n<meta name=\"description\" content=\"Investec Business Advisory Care Cosmetics enters DACH-market by partnering with Sommaire Beaut\u00e9\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investec.com\/advisory\/deals\/care-cosmetics-enters-dach-market-by-partnering-with-sommaire-beaute\/\" \/>\n<meta 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