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Announced

Completed

Unilever completed the acquisition of Garancia.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

Acquisition

cosmetic products

Cosmetics

dermatology

Private

Majority

Single Bidder

Completed

Friendly

Synopsis

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Unilever, a British-Dutch transnational consumer goods company, completed the acquisition of Garancia, a French derma-cosmetic brand. Financial terms were not disclosed. "Garancia is one of the leading brands in pharmacies with a strong positioning between natural and science, offering fantastic beauty products with a touch of magic. Thanks to Savéria’s vision and expertise in derma-cosmetics, Garancia’s hero product Pschitt Magique is much loved and has earned great loyalty from consumers across different generations. We are delighted to have the opportunity to grow this brand globally," Vasiliki Petrou, Unilever EVP and Prestige CEO.

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