.
MergerLinks Header Logo

New Deal


Announced

Completed

Reliance completed the acquisition of Sephora India business from Arvind, for $26.23m.

Financials

Edit Data
Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Cosmetics

India

beauty pageant

Completed

Acquisition

Domestic

Majority

Private

Friendly

Single Bidder

Synopsis

Edit

Reliance Beauty & Personal Care, the beauty business of Reliance, completed the acquisition of Sephora India business from Arvind, a lifestyle company, for $26.23m. We are excited and proud to partner with Sephora, a global leader in beauty. The burgeoning Indian beauty market is being propelled by a new generation of customers with a strong desire to express their individuality, rising aesthetic refinement and a growing number of women in the young workforce of India," V Subramaniam, Reliance Retail Ventures Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US