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...
Deal marks the second bolt-on for the business, following the acquisition of Swiss diagnostic imaging provider IRD
Deal marks the second investment made from the GP's 2016-vintage sixth vehicle, which closed on £660m
Acquisition is the company's first out of two planned for this year with ActoMezz's backing
Total commitments for the fund fell some way short of the vehicle's €350m target and €400m hard-cap