Legal DealFolio - The Carlyle Group Sale of ADA Cosmetics

Clifford Chance has advised U.S. private equity investor The Carlyle Group on the sale of ADA Cosmetics, Kehl (Germany), to private investment company Ardian. ADA Cosmetics is a global manufacturer of premium hotel cosmetic products. The Carlyle Group started its investment in ADA in 2011. Today, the company employs around 300 people and supplies about 15,000 customers around the world with its products. In 2012, ADA generated a turnover of EUR 50 million. The Carlyle Group, an alternative asset manager with offices in 32 countries, manages about USD 199 billion across 120 funds (as of 31 March 2014) and invests across four segments: Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Fund Solutions. The Clifford Chance team was led by partner Burc Hesse and comprised senior associate Dr. Albrecht Brodhun, associate Regina Goebel (all Private Equity, Munich), senior associate Dr. Robert John (Private Equity, Frankfurt) and partner Thomas Weitkamp (Banking & Capital Markets, Munich).

Deal Date:	24-07-2014	Practice Area:	Corporate and M&A
Deal Title:	The Carlyle Group Sale of ADA Cosmetics	Industry:	Personal Goods
Description:	Clifford Chance has advised U.S. private equity investor The Carlyle Group on the sale of ADA Cosmetics, Kehl (Germany), to private investment company Ardian. ADA Cosmetics is a global manufacturer of premium hotel cosmetic products. The Carlyle Group started its investment in ADA in 2011. Today, the company employs around 300 people and supplies about 15,000 customers around the world with its products. In 2012, ADA generated a turnover of EUR 50 million. The Carlyle Group, an alternative asset manager with offices in 32 countries, manages about USD 199 billion across 120 funds (as of 31 March 2014) and invests across four segments: Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Fund Solutions. The Clifford Chance team was led by partner Burc Hesse and comprised senior associate Dr. Albrecht Brodhun, associate Regina Goebel (all Private Equity, Munich), senior associate Dr. Robert John (Private Equity, Frankfurt) and partner Thomas Weitkamp (Banking & Capital Markets, Munich).
Financial Center:	Munich	Value:	0.00-0.00
Advised Party:	Vendor	Law Firm	Clifford Chance
Target Company Jurisdiction	Germany	Acquiror Jurisdiction	United States
Classification:	Financial Buyer Acquisitions Secondary Buy-Out	Lawyer	Burc Hesse

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers