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exit · LV · 01 JUL 2024

MADARA Cosmetics agreed to sell 100% of SIA Cosmetics Nord, operator of Selfnamed, to management-controlled SIA SLFNMD for EUR 1.19 million including repayment of outstanding debt.

Madara Cosmetics · EUR 1.2M

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Sources

view.news.eu.nasdaq.com
https://view.news.eu.nasdaq.com/view?id=bcbc6229e5c1c41097261652b07da0ef6&lang=en&src=listed

Activity

More from Madara Cosmetics

Exit · 30 Apr · EUR 4.0MMADARA Cosmetics sold the MOSSA brand assets to Oy Transmeri Ab for total consideration of EUR 4 million while retaining product-development and contract-manufacturing responsibilities.
Funding · 05 Oct · EUR 63KMADARA Cosmetics received EUR 63,036 of EBRD support, funded through the EU Horizon 2020 Green Innovation Programme, for improvements to its SELFNAMED platform.
Funding · 10 Nov · —MADARA Cosmetics completed an oversubscribed IPO and began trading on Nasdaq First North Riga; strategic investor Oy Transmeri Group AB emerged with 6% of the company.