The Office of Competition and Consumer Protection received an application from the German fund Mutares regarding the takeover of the Polish drugstore chain Natura – informed the Office of Competition and Consumer Protection. The parties hope that the transaction will be completed this year.
“The planned concentration is to be carried out through the acquisition by Mutares SE & Co. KGaA based in Munich of control over Natura sp. z o. o. based in Łódź and its subsidiaries (Natura Group),” he said. UOKiK.
According to information published by the Office of Competition and Consumer Protection, the application was received by the office on November 15 this year.
Natura Sp. z o. o. is a Polish company, founded in 1997, managing one of the largest drugstore chains in Poland operating under the drogerie Natura brand, as well as an online drugstore.
Natura has been part of the Pelion group since 2014.
Sales contract
On November 6, 2024, Pelion concluded a preliminary 100% sale agreement with Mutares. shares in Natura. The transaction requires approval by the President of the Office of Competition and Consumer Protection.
“This transaction is an opportunity for Natura to further and dynamic development, 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 new owner will strengthen the potential of Natura and the company's opportunities for growth. As Pelion We will focus on further development on the pharmaceutical market in Poland and Europe and providing innovative products and services that allow us to comprehensively take care of the health of millions of patients,” said Jacek Szwajcowski, president of the management board, quoted in the release. Pelion.
As emphasized by Johannes Laumann, Chief Information Officer of Mutares, “Natura is an established player in the constantly expanding beauty sector, with significant growth potential in its product categories.”
“At Mutares, we look forward to working with the management team and employees to align the business with changing consumer preferences, prepare it for the next phase of growth and establish a solid foundation for the company's future success,” he added.
The parties hope that the transaction will be completed in the fourth quarter of 2024.
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