Berlin, June 20, 2024 – YPOG provided comprehensive legal and tax advice to Dutch Care Cosmetics B.V. (“Care Cosmetics”) and its shareholder 3d investors from Belgium on the acquisition of the shares in Sommaire Beauté GmbH (“Sommaire Beauté”). Through this partnership, Care Cosmetics is entering the German-speaking market.
Sommaire Beauté was founded in Düsseldorf in 2014 and has developed into a leading distribution company of niche cosmetics and lifestyle brands. The founders and managing directors Patrick Mehrow and Christoph Broich will continue to pursue the growth of Sommaire Beauté as shareholders together with Care Cosmetics.
Care Cosmetics is a market leader in the distribution of professional cosmetics in Benelux and manufacturer of two of its own brands. The company was founded in 1996 by Duco van Keimpema and has been supported by 3d investors from Belgium since 2020.
The partnership with Sommaire Beauté is an important step in Care Cosmetics' international expansion strategy and its corresponding buy-and-build strategy.
Team
Dr. Frederik Gärtner (Co-Lead, Transactions), Partner, Berlin
Dr. Ferdinand Cadmus (Co-Lead, Transactions), Associated Partner, Berlin/Hamburg
Dr. Malte Bergmann (Tax), Partner, Hamburg
Dr. Christoph Cordes (IP/IT), Associate, Berlin
Amelie Inselmann (Tax), Associate, Hamburg
Laura Franke (Transactions), Associate, Cologne
Roman Schäle (Transactions), Associate, Berlin
Dr. Gerrit Breetholt (Transactions), Associate, Hamburg
About Care Cosmetics
Care Cosmetics is an established company in the cosmetics industry. With over 25 years of experience, it offers a wide range of products and treatments. Among the brands Care Cosmetics distributes are Dr. Renaud, Skeyndor, PCA Skin, Neova, Guinot, Academie, Matis, Pupa Milano, Roc, Annemarie Börlind and Simone Mahler.
Further information: https://www.carecosmetics.nl/
About 3d investors
3d investors is a family business. It was founded in 1992 by the entrepreneurial families Donck and Desimpel, active in the dairy and building materials industries, respectively. Built on a proud tradition of entrepreneurship, the company choose to support solid companies with growth potential. In doing so, it starts from its core values: entrepreneurship, empathy, integrity, passion and agility. Further information: https://www.3d-investors.be/
Download Press Release: YPOG advises Care Cosmetics and 3d investors on the acquisition of Sommaire Beauté
