Clearwater International advises Halder on acquisition of GEKA BRUSH from Equita
Clearwater International acted as sole financial adviser to Halder and the management team on the acquisition of 100% of the share capital of GEKA BRUSH GmbH from Equita.
With 540 employees, GEKA generated consolidated sales of €79m in 2006. GEKA is a leading manufacturer of top-quality cosmetic brushes, especially mascara brushes, and packages as well as brushes and packs for nail varnishes, eyeliner, lip-gloss and cream on shadows.
Based in Frankfurt, Halder is a private equity investment firm that specialises in small to medium-sized enterprises.