Art Capital Acquires Majority Stake in Viokox
Deal News | Dec 09, 2024 | Iberian Lawyer
Art Capital, an Iberian private equity firm, has acquired a majority stake in Viokox, a European leader in the hair removal and skincare segments. With over 35 years in the industry, Viokox specializes in its own brand, Body Natur, as well as third-party production for private label customers. In 2023, Viokox reported sales of approximately €40 million, with notable improvements in EBITDA margin. The acquisition by Art Capital aligns with the firm's strategy to support the growth and professionalization of family-owned companies. Advisors for the transaction included KPMG and Uría Menéndez, with the latter providing legal advice through a specialized team in areas such as M&A, capital markets, and finance.
Sectors
- Private Equity
- Cosmetics
Geography
- Iberian Peninsula – Art Capital is an Iberian firm, and the acquisition involves Viokox, which is located in Europe, signifying activity in the Iberian region.
- Europe – Viokox is described as a European leader in its sector, indicating its market presence and operations in Europe.
Industry
- Private Equity – Art Capital is an Iberian private equity firm involved in middle-market buyouts and growth equity investments, highlighting its role in the sector.
- Cosmetics – Viokox, the target company, operates in the cosmetics industry, focusing on hair removal and skincare products.
Financials
- €40 million – Viokox's approximate sales in 2023.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Art Capital | Bidding Company | Company | An Iberian private equity firm with expertise in middle-market buyouts and growth equity investments. |
| Viokox | Target Company | Company | A European leader in the cosmetics sector, specializing in hair removal and skincare products. |
| Uría Menéndez | Legal Advisor | Company | Provided legal advice to Art Capital for the acquisition transaction. |
| KPMG | Consultancy Advisor | Company | Likely involved in providing advisory services for the acquisition transaction. |