Cooper Acquired by CVC
Cooper Acquired by CVC
On 12 March 2021, our client, CVC Capital Partners Fund VII (“CVC”), a leading global private equity firm, announced that it had agreed to acquire, from Charterhouse Capital Partners (“Charterhouse”), Cooper Consumer Health, a leading European provider of consumer healthcare products across numerous market segments such as: calming and sleeping; vitamins and minerals; sun and skincare; and, footcare. The business supplies c.80,000 pharmacies and drugstores across Europe and has c.€500m revenues.
“Having admired and closely followed Cooper’s progress for many years, we are delighted to now have the opportunity to team up with its strong management team, as well as our new partners Charterhouse, Avista Capital Partners and Yvan Vindevogel. Their knowledge of the Company and experience the sector will be invaluable in realizing our shared vision for the development and long-term growth of the business.”