×
260
Fashion Jobs
LIFESTYLE BRANDS
Senior Executive - Accounts - Bangalore
Permanent · BENGALURU
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer & Soit : Reliance Retail - Ajio Business
Permanent · HYDERABAD
ADLIB MANAGEMENT SERVICES PVT LTD
Opening Retail Sales Officer in Large Format Apparel Store Hyderabad
Permanent · HYDERABAD
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer & Soit : Reliance Retail - Ajio Business
Permanent · TIRUPATI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer & Soit : Reliance Retail - Ajio Business
Permanent · TIRUPATI
SIYARAM SILK MILLS LTD
Area Sales Officer/Executive - (Fabric)
Permanent · Chennai
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · ADILABAD
JOB SEARCH
Sales & Marketing Executive From Product Vertical : Garment Packaging
Permanent · Bengaluru
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer-Reliance Retail- Ajio Business- Tamil Nadu
Permanent · TIRUCHIRAPPALLI
GLAN MANAGEMENT CONSULTANCY
General Merchandising Manager- Garment Export
Permanent · NEW DELHI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · Rajahmundry
RELIANCE INDUSTRIES LTD
Sales Officer - Saree Specialist - Chennai t.Nagar
Permanent · CHENNAI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · HYDERABAD
SPACE CONSULTANTS
Manager-Sales&Marketing
Permanent · Bhiwani
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · PANCHKULA
GENIUS CONSULTANTS LIMITED
HR Executive(Female)@Leading Hosiery Manufacturing Company in Agarpara
Permanent · KOLKATA
SHOPPERS STOP LTD
Unit HR Head
Permanent · MUMBAI
FLOOR & FURNISHINGS INDIA PRIVATE LIMITED
Sales Executive/ Sales Officer
Permanent · PANCHKULA
SELECTIVE GLOBAL SEARCH PVT. LTD.
Retail Sales Executive
Permanent · MUMBAI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · HALDWANI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · Aligarh
SREEDHARA TEXTILES PRIVATE LIMITED
Deputy Manager - Fabric
Permanent · COIMBATORE

Bluegem acquires Italian hair care brand Medavita

Published
today Aug 2, 2019
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

London-based private equity fund Bluegem has acquired Pool Service, the owner of Italian hair care brand Medavita, just days after offloading its controlling stake in luxury retailer Liberty London.


Medavita


The European mid-market fund focused on consumer brands acquired Pool Service from private equity house Accord Management and the Cattaneo family for an undisclosed sum.

Pool Service is a leading developer and manufacturer of premium professional hair care products, producing items for both its own Medavita brand and third-party labels.

It joins the Bluegem portfolio of brands as Liberty London leaves it, following a recapitalisation deal led Glendower Capital.

Bluegem said it sees numerous growth opportunities for Pool Service, which generated sales of about 40 million euros in 2018. The group has strong R&D capabilities in new product development, and a proprietary portfolio of over 10,000 formulations. Last year it developed 700 new products.

“It is a tremendous opportunity for Pool Service and Medavita to partner with Bluegem, a fund specialised in developing leading consumer brands internationally,'' said Stefano Banfo, shareholder and CEO of Pool Service and Medavita. “This investment launches a new phase of development for our company.”

Banfo will remain as CEO to lead the company’s expansion in the coming years.

“We are thrilled to be able to partner with Stefano Banfo and his team and we see numerous growth opportunities for the business both in Italy and abroad,” added Emilio Di Spiezio Sardo, co-founder of Bluegem.

Referring to the private equity firm’s acquisition of QMS Medicosmetics in 2017 and Iconic London in 2018, Constantin Rojahn, director of Bluegem, said: “We are excited to complete our third investment in the beauty industry in less than two years. We view this acquisition as the basis of a haircare platform and are actively looking to consolidate the market by acquiring additional leading independent haircare brands.” 

Medavita has been part of the Pool Service group since 2015.

Copyright © 2020 FashionNetwork.com All rights reserved.