Transaction

Clearwater advises Findos Investor on acquisition of Tondeo from Procter & Gamble

Transaction

Findos Investor GmbH acquired Tondeo Werk GmbH from Procter & Gamble Company / Wella AG

Buy-side

Undisclosed

Role

Adviser to Findos Investor GmbH on its acquisition of Tondeo Werk GmbH from Procter & Gamble Company / Wella AG

Sector

Consumer

Region

Germany

Clearwater acted as sole financial adviser to Findos Investor GmbH on the acquisition of Tondeo Werk GmbH from Procter &a Gamble Company / Wella AG.

With approximately 100 employees, Tondeo generated consolidated sales of €20m in 2006. Tondeo is a leading professional hairstylist tools manufacturer, focusing on the development, manufacturing and marketing of premium quality hair scissors, blades, razors, and small electrical appliances.

Wella AG is a subsidiary of Procter & Gamble, an American multinational consumer goods company suppling a range of branded goods across the world.

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Advisers

Transactions