Announced

Completed

Sodalis completed the acquisition of Artdeco.

Synopsis

Sodalis, a cosmetics provider, completed the acquisition of Artdeco, a make up company. Financial terms were not disclosed. “This acquisition allows us to grow in Germany, one of the biggest Beauty european market, with a really outstanding and well-perfoming company, highly recognized for its strong heritage and best-in-class capabilities in the make up industry. We share key common values with Artdeco and we are confident to develop, together with the management team, a strategic roadmap to further expand the business," Fabio Granata, Sodalis CEO.

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