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EQT negotiating Nestlé skin care: One of the bigger shops in Europe

the Swiss group Nestlé, told me on Thursday that it is negotiating to sell its activities in skin care, Nestlé Skin Health.

A bidder is the Swedish private equity firm EQT with various business partners, including the Abu Dhabi Investment Authority and canadian pensionsförvaltaren PSP Investments.

" It is interesting that EQT is in one of the bigger shops in Europe this year. One can conclude that EQT has become a giant. It has become a european player, with much capital behind them, " says Joakim Bornold, sparekonom at Söderberg & Partners, working with savings and investments.

If the calls land in a business deal can all be completed in the second half of the year. The deal is worth 10.2 billion swiss francs, almost a 100 billion, according to EQT. Also, the private equity firm KKR and a consortium led by Advent International and Cinven have submitted bids, according to the Financial Times.

went out with that it would evaluate its hudvårdsdel and focus more on food, beverage and health products. Nestlé Skin Health sales in the year to 2.8 billion swiss francs, and has over 5,000 employees in 40 countries.

A well-known product is rynksprutor, so-called fillers of the brand Restylane, which is used for filling out wrinkles, folds and lips. 2015 marketed the product with the help of actor Sharon Stone.

It also sells botoxliknande products to reduce wrinkles in the face. Other medicines to treat acne, the skin disease rosacea, pigmentsjukdomar and superficial skin tumours.

within the beauty and cosmetics sector increased by almost 123 per cent between 2011 and 2017, according to a report from the Swedish hudterapeuters association. According to the european trade association Cosmetics Europe bought the swedes cosmetic products for the 1.986 million in 2017, an increase of 4.5 per cent against the year before.

Ole-Andreas Krohn, an analyst at DNB Markets, the following companies within the cosmetics sector.

– in General, one can say that companies are selling more skincare products in Asia, and more makeup in Europe. If you have one hundred dollars and to buy the cosmetics, the europeans more on makeup and asians more on skincare. Flygplatsförsäljning and tax free are some of the sales channels, which has grown much in the last few years, " he says.

Nestlé shares rose on Thursday, with 1.75 per cent at the Zurich stock exchange.

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