Announced
Synopsis
Sonae, a multinational business group based in Maia, Portugal, acquired Tomenider, a producer of cosmetics, from Delta Spain, Corpfin and Fondo de Capital Riesgo. Purchase price is EUR45m. This transaction enables Sonae MC to further expand its position in one of its key strategic pillars, the high-growth Health & Wellness segment. It has the ability to significantly strengthen, in a territory immediately adjacent to the Portuguese, both assets and competences of Well's and Arenal.
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