Vinci Partners Investments to acquire Farmax.

Vinci Partners Investments, an alternative investment platform in Brazil, agreed to acquire Farmax, a manufacturer of beauty and personal care cosmetic products in Brazil. Financial terms were not disclosed. "Farmax has a unique trajectory, having established itself in the market as a company with tradition, legacy and a solid reputation. The cosmetics sector is growing rapidly, and we are very confident that our investment will support the Company and its top-notch management team in its process of becoming an even more relevant player in the marketplace. VCP III’s investment sets the start for a new accelerated expansion cycle for Farmax," Gabriel Felzenszwalb, Vinci Partner.