Peninsula Capital completed the acquisition of a 30% stake in Veralab.

Peninsula Capital, a private equity operator, completed the acquisition of a 30% stake in Veralab, an Italian brand within the beauty sector. Financial terms were not disclosed. “We are honored by the trust that Cristina and Mauro have shown by embarking with us in this new phase of Veralab’s development. The strength of the company in Italy, being one of the most competitive beauty markets in the world, along with the inclusive message that characterizes the brand, combined with Cristina's energy and entrepreneurial vision, constitute a unique and exceptional fundation to make Veralab one of the leaders in the European Beauty sector,” Peninsula.