ADA Cosmetics further financing acquisition

Corporate News -

Europe’s leading manufacturer of premium hotel cosmetics, ADA Cosmetics, has secured an additional senior debt package to support its acquisition of Pacific Direct, the UK’s biggest provider of luxury skin care products for hotels around the world.

NIBC acted as mandated lead arranger in a club of banks with Commerzbank and DZ Bank to support this add-on financing – the second for ADA Cosmetics in four months.

This latest transaction is testimony to NIBC’s continued support of the efforts being made by independent private investment company Ardian to turn ADA Cosmetics into a strong global player in the market for high-end hotel cosmetics.

With one third of Pacific Direct sales coming from Asia and the Middle East and over one fifth from the US, the acquisition of this luxury cosmetics supplier from UK-based investment firm Primary Capital will boost ADA Cosmetics’ global presence.

Call me back
Please fill out your name Onderwerp is verplicht Please fill out your telephone number

Welcome to NIBC.com

We, NIBC Bank N.V., use functional cookies to ensure that this website works properly. We’d also like to place optional analytical cookies on your device which enable us to collect information about the use of this website, so that we can offer you an optimised website experience. You can choose not to provide your consent for the use of analytical cookies. If you do consent, you can withdraw your consent at any time. You can find more information in our Cookie Policy and our Privacy Statement.

I hereby provide my consent for placing analytical cookies