NIBC supports Ardian buyout of ADA Cosmetics

Nieuws -

NIBC acted as mandated lead arranger of a EUR 54 million financing package to support the buyout of Germany’s ADA Cosmetics by private investment firm Ardian (formerly AXA Private Equity).

ADA is the leading European supplier of personal care products such as shampoo, shower gel, lotions and soaps to premium-quality hotels. With a loyal client base of more than 15,000 hotels worldwide, it consistently delivers strong growth. With Ardian’s support, ADA now plans to further expand its presence in Europe, as well as in Asia and the Middle East.

NIBC was the only new lender in the syndicate of three (Commerzbank and DZ Bank as existing lenders) in what was a competitive auction process. This bears testament to NIBC’s excellent relationship with its clients and peers.

Bel me terug
Vul alstublieft uw naam in Onderwerp is verplicht Vul alstublieft uw telefoonnummer in