Trimb Healthcare AB has entered into a definitive agreement with CCS Healthcare Nordic AB to acquire their portfolio of skin care products in Sweden, Norway and the UK. The portfolio includes several well-established and highly recognized brands, including CCS Swedish Formula, Indy Beauty[1], Oliva, Bamse[2], and exclusive rights to DAX and Antibac in the consumer sales channel in Sweden. The CCS Skincare Brands’ sales and marketing organization in Stockholm will transfer to Trimb as part of the transaction. The closing of the transaction is expected to occur in January 2019.
Magnus Nylén, CEO of Trimb said, “The CCS Skincare Brands have strong strategic fit with Trimb and will significantly strengthen our position in Sweden. We see meaningful marketing synergies within our core categories of skin care and foot care. CCS has built a strong foothold for their products and it is with great pride that we welcome these well-known brands to Trimb.”
Date: November 12, 2018
Source: Cision
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