Announced
Completed
Synopsis
Silverwood Brands, an investment company, completed the acquisition of a 19.8% stake in Lush, an international beauty and cosmetics retailer, for £216.8m. “Both companies have exciting brands and huge growth potential in some of the largest cosmetics markets globally. We are delighted to invest in two talented management teams as they continue on their growth journeys. These latest acquisitions provide a solid platform for Silverwood to continue expanding its portfolio of fast-growing consumer brands. As entrepreneurs ourselves with significant expertise in building leading brands, we bring long-term, highly-engaged and supportive British growth capital to our portfolio while creating value for our own rapidly growing shareholder base,” Paul Hodgins, Silverwood Director.
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