Announced

Persán to acquire Mibelle Group from Migros.

Synopsis

Persán, a manufacturer of home care products, agreed to acquire Mibelle Group, a provider of personal care & beauty products, from Migros, a retail company. Financial terms were not disclosed. "We are very pleased to announce this agreement with Migros that will help Persán to strengthen its international presence. The acquisition of the Mibelle Group will allow us to access new technologically advanced categories and continue to develop innovative and high-quality products for all our customers. In this new phase, we will maintain the hallmarks that have brought us this far: a commitment to people, innovation, technology and sustainability. We look forward to exploring the opportunities that this historic step will bring," Antonio Somém, Persán CEO.

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MergerLinks - Persán to acquire Mibelle Group from Migros.