.
MergerLinks Header Logo

New Deal


Announced

GP Global and Luminex Home Decor & Fragrance to go public via merger with Global Consumer Acquisition in a $507m deal.

Financials

Edit Data
Transaction Value£382m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

De-SPAC

air care

Domestic

Friendly

Merger

Single Bidder

Personal Products

United States

Private

Majority

Reverse Takeover

Acquisition

personal care products

Pending

Synopsis

Edit

GP Global and Luminex Home Decor & Fragrance, two providers of branded, licensed and private label solutions in the Air Care and Personal Care sectors, agreed to go public via merger with Global Consumer Acquisition, a publicly-traded special purpose acquisition company, in a $507m deal. "Our aim is to grow Ascense Brands’ Air Care Platform into a billion-dollar business within the next three years, focusing on growing our brands and private label segments as well as leveraging value added acquisitions across the globe including Asia & India. We believe that Ascense Brands will become a market leader in the US Air Care private label space with approximately 35% market share and strong growth potential," Rohan Ajila GACQ Co-Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US