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3i-backed Royal Sanders to acquire Royal Herkel.

Synopsis

3i-backed Royal Sanders, a European private label and contract manufacturing producer of personal care products, agreed to acquire Royal Herkel, a private label and contract manufacturing producer of nutritional supplements. Financial terms were not disclosed. “During a challenging period, we have maintained our focus on enhancing the value of our portfolio through buy-and-build opportunities for our platform assets. These four strategic acquisitions represent significant milestones in the growth and internationalisation of GartenHaus, Havea, Cirtec Medical and Royal Sanders," Simon Borrows, 3i Group CEO.

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