Announced
Financials
Sources
Tags
Private
Italy
Private Equity
Pending
Domestic
Friendly
Single Bidder
Majority
Personal Products
skin care products
Acquisition
Synopsis
The Equity Club, an investment firm, agreed to acquire a 72% stake in HSA Cosmetics, a developer of haircare and skincare products, from Zanzi Family. Financial terms were not disclosed. "We are delighted to partner with TEC Beauty and its management team and to announce a new phase in our company's history to achieve further substantial growth. This important transaction allows us to gain momentum and leap forward. quality, strengthening our presence and recognition at an international level. My brother Davide and I remain fully committed to the Company and maintain our current managerial roles, providing continuity and guaranteeing an integrated development consistent with our values and our story started 40 years ago," Stefano Zanzi, HSA Cosmetics CEO.
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