Investindustrial-backed health and cosmetic products distributor Artsana has sold cosmetics manufacturer Lycia to Sodalis Group.
According to a statement, Sodalis acquired the business via its sister company Sodalco. Financial details surrounding the transaction have not been disclosed. Nonetheless, the deal reportedly values the...
New combined entity will generate revenues in excess of €300m
Investment marks the fourth round of funding for the UK-based tyre replacement business
Deal marks the fund’s second transaction executed on a stand-alone basis
Backers include existing investors Capnamic Ventures and Iris Capital, as well as business angels