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Industry buzz

Italian company, Gotha Cosmetics is taken over by the financial group Capvis

Gotha Cosmetics, an Italian company specialized in the design and manufacture of cosmetics in particular for the make-up industry, recently announced the arrival of a new financial partner, the Swiss group Capvis, which acquired a majority of its shares.

Founded in 2005, Gotha is one of the leading global specialists in colour cosmetics. “Today, explains Shawn Sedaghat, CEO, we are launching a next strategic expansion phase. Our next growth initiatives include considerable investments into our R&D, innovation and manufacturing capabilities that would help us drive our growth and allow us to better serve the needs of our clients. We are happy to have Capvis at our side, a Swiss entrepreneurially minded private equity company who aims to support management teams in releasing entrepreneurial potential and achieving new levels of excellence.

Gotha is one of the leading global specialists in colour cosmetics.

Gotha is one of the leading global specialists in colour cosmetics.

Since 1990 Capvis has completed 50 transactions with a total volume of more than EUR 5 billion and has floated ten companies on stock exchanges. According to Capvis officials, “together we are ideally positioned to take Gotha to a next level of performance and excellence”.

As founder and ongoing CEO, Shawn Sedaghat personally remains a substantial shareholder in the company.

I am looking forward to leading Gotha forward into a next”, he says. “At Gotha, we all would like take this opportunity to thank our customers for their ongoing trust and support. We pledge to provide the worldwide beauty industry with a steady stream of innovative and trendsetting new formulae as well as best-in-class manufacturing and filling services.

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