Lumene Group Attracts New Investment from Creades
Deal News | Feb 28, 2025 | Creades
Creades, a private equity firm, has announced an agreement to acquire a 20% stake in Lumene Group, a prominent Nordic beauty company. Known for its focus on skincare, haircare, and color cosmetics, Lumene Group operates primarily from its headquarters in Espoo, Finland. The investment underlines Creades' strategic interest in the booming beauty sector of the Nordic region, a market known for its innovative products and sustainable practices. This acquisition is expected to provide Creades with a significant foothold in the beauty industry, allowing them to capitalize on growth opportunities and reinforce Lumene Group's market position.
Sectors
- Beauty and Personal Care
- Private Equity
Geography
- Finland – The transaction involves Lumene Group, which is headquartered in Espoo, Finland.
- Nordic Region – Lumene Group is a leading player in the Nordic beauty industry, a region renowned for its innovative beauty and personal care sector.
Industry
- Beauty and Personal Care – Lumene Group operates within the Beauty and Personal Care industry, focusing on skincare, haircare, and color cosmetics.
- Private Equity – Creades' involvement in acquiring a stake in Lumene Group highlights the role of private equity in facilitating capital investments in promising businesses.
Financials
- 20% – The stake acquired by Creades in Lumene Group.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Creades | Investor | Company | A private equity firm investing in Lumene Group. |
| Lumene Group | Target Company | Company | A leading Nordic beauty company focused on skincare, haircare, and color cosmetics, headquartered in Espoo, Finland. |