Munich – Pomélo + Co GmbH, which specialises in beauty and personal care, has acquired all the assets of Shyne Labs AG and its range of brands. Through the acquisition, Pomélo + Co is further expanding its own range of beauty and personal care products. The transaction is seen as supporting the company's growth trajectory towards becoming an omnichannel beauty and personal care group. All parties involved have agreed not to disclose details of the transaction.
Berlin-based Pomélo + Co is a subsidiary of New York-based Mondrian Labs Inc, which is majority-owned by Tengelmann Ventures and Emil Capital Partners. This was the first time the CMS team acted for these investors.
A CMS team led by partner Dr Jessica Mohaupt-Schneider provided comprehensive legal and tax advice to Pomélo + Co GmbH on the transaction. The advice included in particular the structuring of the transaction, the legal due diligence as well as the drafting and negotiation of the transaction documentation.
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