Private Assets AG has acquired 100% of the renowned German cosmetics brand Chris Farrell, aiming to leverage market growth opportunities in the medical cosmetics sector.

Target Company Information

Private Assets AG, a prominent investment firm, has acquired "Chris Farrell," a distinguished German cosmetic brand, marking their foray into the consumer goods sector. The agreement was formalized on November 8, 2022, in a contract signing ceremony attended by Private Assets CEO Sven Dübbers and Chris Farrell, the founder of the brand. This strategic acquisition encompasses the purchase of 100% of the family-owned business, setting the stage for continued growth and development under Private Assets' management.

Established nearly 50 years ago, Chris Farrell is a leading provider of medical cosmetics in Germany, with a distribution model that primarily serves beauty institutes and spas. Their product range is readily accessible through their modern online shop at www.chris-farrell.com. The company's headquarters is located in Rheinmünster, near Baden-Baden, and currently employs around 30 personnel. As part of the acquisition, the operational base will remain intact, with plans for further expansion to capitalize on immediate growth opportunities.

Industry Overview in Germany

The German cosmetics industry is undergoing significant transformation, driven by demographic changes and an increasing demand for high-quality, medical-grade products. This sector is recognized as a dynamic growth market, particularly in t