Cornerstone and Kartesia completed the acquisition of Ecowipes Group.

Cornerstone, a private equity investor, and Kartesia, a specialist financing provider, completed the acquisition of Ecowipes Group, a producer of bio-degradable wet wipes. Financial terms were not disclosed. “Our co-operation with Cornerstone and Kartesia will allow us to leverage our strong position across Europe and provide us with the financial backing to introduce more innovations in the future. We call ourselves the Earthchangers, and this partnership will put us closer to achieving our primary environmental goal, to supply consumers with hygiene products made only from natural-based materials at a reasonable price," Gabriel Kermiche, Ecowipes CEO and Co-Investor.