ACON Investments and DeA Capital Alternative Funds Acquire Controlling Interest in Romar Global Care from GPF Partners [Yahoo! Finance]
Houlihan Lokey, Inc. Class A (HLI)
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Source: Yahoo! Finance
of DeA Capital Alternative Funds SGR SpA ("DeA"), today announced that they have acquired a controlling interest in Romar Care Group ("RGC" or the "Company"). RGC is a Spain -based manufacturer and distributor of consumer products related to personal care, home care and cosmetics. RGC, based in Valencia, Spain , was formed in 2019 through the merger of Quimi Romar and Envasados Xiomara by GPF Partners ("GPF"). Since then, RGC has more than doubled its production capacity, expanded its sales channels, diversified its geographic footprint and driven growth in its portfolio of brands. RGC's portfolio includes Agrado, Mayordomo, Amalfi, Sairo, Air Freshener, Destello and Garley, among others. The Company currently sells its extensive portfolio of products in over 100 countries. It has a presence throughout Europe as well as the Middle East North Africa and Latin América, with 60% of its revenue coming from outside of Spain . Additionally, it operates subsidiaries in Morocco Colombia and
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