According to speculation, the acquisition price for Pinarello is estimated to be around €200 million.
Possible IPO either this year or next.
The premiere of “Euphoria” in 2019 sparked a global phenomenon in the beauty culture.
This acquisition will drive Kit and Ace towards a future marked by strengthening strategic plans, expanding market share, increasing brand activities, enhancing product supply, and augmenting resource investment.
The current state of the clean beauty concept is that while many consumers are indeed enticed by it, the high prices remain a barrier.
Postbiotics, also known as “postbiotics” or “paraprobiotics,” are a rapidly emerging segment within the gut health market.
This funding will provide the brand with sufficient liquidity to sustain its recovery strategy.
Founded in 1951 in the coastal town of Varberg, Sweden, Tenson AB is an outdoor and lifestyle brand deeply rooted on the west coast of Sweden.
General Atlantic first partnered with ABG in October 2017, and with this transaction, their total investment in ABG has reached nearly $2 billion.
Sabé Masson, a niche perfume brand, positions itself as a new generation of fragrance products and specializes in the concept of “Soft Perfumes.” The brand currently operates a boutique store in Haut-Marais, Paris.