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New Deal


Announced

Completed

Sarantis Group completed the acquisition of Luksja from PZ Cussons.

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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Poland

Personal Products

skin care

personal care

Private

Acquisition

Friendly

Completed

Majority

Single Bidder

Synopsis

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Sarantis Group, an Athens-based personal care company, completed the acquisition of Luksja, a Polish personal care brand from PZ Cussons, a major British manufacturer of personal healthcare products and consumer goods. Financial terms were not disclosed. "Luksja is a great fit with Sarantis's portfolio and I would like to thank the Luksja team for their important contribution to the development of PZ Cussons Poland in recent years," Alex Kanellis, PZ Cussons's CEO. .

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