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
MakeUp in newYork hosted more than 3800 visitors, with a growth of 12% of international guests.

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, Canada, (...)

read more
job opportunities
Experts’ views
100% natural and biodegradable film former offers enhanced sun care protection

Brittany Pease
100% natural and biodegradable film former offers enhanced sun care protection

LexFilm Sun Natural MB is a multidimensional film-forming polymer which imparts superior water-resistance to sunscreens in comparison to leading synthetic polymers. This latest innovation addresses consumers’ demand for natural ecofriendly ingredients, while supporting brands in their new product development goals as they navigate (...)

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