Bologna-based Maeco Group srl bought a majority stake in the capital of Alman Group srl and LAB srl, owners of the Rougj brand, a leader in the European dermocosmetics sector in Europe, active for 30 years in the production and distribution of high-end natural products.
Marco Giraldi, one of the founders of the Rougj brand, will remain as a minority shareholder in the group, together with a new management team including Antonio Pirillo and Ettore Favia.
The deal has been financed by the RiverRock Italian Hybrid Capital Fund. In the deal Maeco has been supported by DLA Piper as for the legal issues, while RiverRock has been advised by Dentons.