Mandarin Capital Partners, a private equity firm, completed the acquisition of Klapp Cosmetics, a family-run beauty products enterprise. Financial terms were not disclosed. "Our cooperation with cosmetics institutes is, and will remain, our core business. This is precisely where we will invest heavily to offer our customers perceivable added value. We also see other growth potential besides this: we want to drive out international expansion – in its capacity as a leading innovator for cosmetics products, the Klapp Cosmetics brand is predestined for further expansion. ‘Made in Germany’ is an important argument, especially on international markets. This will help strengthen our company’s long-term competitiveness," Reiner Engert, Klapp Cosmetics CEO.