Identification of targets and acquisition process:

Mibelle, a subsidiary of the Migros group in its “M-Industry” segment, is a leading developer and manufacturer of private label cosmetics in Europe. In the context of the internationalization strategy of M-Industry we were retained to perform a broad, global search for acquisition targets and identified Hallam Beauty in (Leeds, UK) as ideal complement for Mibelle. Hand in hand with Mibelle’s senior management and the Head Corporate Finance of the Migros Group we implemented the Due Diligence and the contract negotiations for a majority stake in Hallam.