Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

ADA Cosmetics has a new owner

Wilhelm B. Könning

Wilhelm B. Könning

Private equity firm Ardiant has acquired ADA Cosmetics, one of Europe’s leading provider of hotel cosmetics, from The Carlyle Group for 500 million euros. The management of ADA Cosmetics has taken a minority stake in the company as part of the transaction, which is subject to approval by antitrust authorities.

ADA Cosmetics’ customer base is largely three to five star hotels and hotel chains, as well as airlines and cruise ships. Since 2010, ADA Cosmetics has grown consistently, with sales of 53 million euros expected in 2014. With around 300 employees and seven subsidiaries in Europe, Asia and the Middle East as well as a global distribution network, ADA supplies nearly 15,000 customers in more than 50 countries. Working together with Ardian, ADA’s management intends to drive the company’s growth across Europe, Asia and the Middle East.

In the past four years, we have significantly expanded our position as market leader for high quality hotel cosmetics in Europe, achieving a market share of 35 % in the key German speaking region. Together with Ardian, we now want to strengthen our position in the wider European and Asian markets using our innovative products. In the medium term, we are considering establishing local production facilities in Asia to serve markets in the region,” said Wilhelm B. Könning, CEO of ADA Cosmetics.

© 2014 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
spip-vignette

A new trade show dedicated to clean beauty in London

Dubbed Clean Beauty in London the new trade show intends to gather experts, scientists, suppliers, brands, influencers and journalists under one roof “to build the future of clean beauty.” Taking place on October 12 & 13, 2020 at The Brewery, located at 52 Chiswell Street at the heart of London, the event aims to encourage (...)

read more
job opportunities
Experts’ views
India emerges as the next beauty giant

Asia Cosme Lab
India emerges as the next beauty giant

Thanks to a growing young population (first youth population in the world) and the emergence of a vast middle class, as well as a higher Internet connection from both urban and rural areas, India is set to emerge as the next beauty giant after China. Asia Cosme Lab took a deep dive in the fascinating Indian market, where both (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close