Lion Capital has sold hairstyling appliances company GHD to listed US trade buyer Coty for £420m.
Under Lion's tenure, the business expanded its remit from a focus on the professional salon market to a more consumer- and e-commerce-focused approach. The company also increased its international sales...
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As part of the deal, the GP will acquire a majority stake in the Italian coffee machien maker
Deal marks Riverside's fifth buyout this year and its first in Germany in 2016
Latest round brings total funding received by company to €13.5m