We are pleased to announce that we advised Mutares SE & Co. KGaA (“Mutares”) on the acquisition of Natura sp. z o.o. (“Natura”), one of the largest and longest operating cosmetics store chains on the Polish market, currently owned by Pelion S.A.
As a result of the transaction, Mutares will increase its presence in the retail and food sector, and Natura will develop dynamically, adapt its offer to the changing needs of consumers, and strengthen its position on the competitive but promising cosmetics and drugstore market in Poland. The transaction will be finalised upon the satisfaction of certain conditions precedent, including obtaining antitrust clearance.
Mutares SE & Co. KGaA is a listed private equity holding company with its headquarters in Munich that has been acquiring companies in special situations that demonstrate potential for significant operational improvement.
Natura sp. z o.o. is one of the largest and longest operating cosmetics store chains on the Polish market. The first Natura drugstores were opened in Warsaw in 1997. Currently, the chain includes nearly 230 stationary stores (own stores and stores operating on an agency basis) located throughout the country, along with an online shop.
The transaction team included Dr Jakub Zagrajek (partner), Jacek Zawadzki (partner) and Szymon Rutecki (associate).