BIC Acquires Tangle Teezer

December 11, 2024

BIC has acquired 100% of Tangle Teezer, the London‑headquartered premium detangling haircare brand, for approximately €200 million. The deal gives BIC exposure to a fast‑growing, profitable consumer haircare business (estimated ~€70m net sales in 2024) and aims to leverage BIC's commercial and supply‑chain capabilities to accelerate Tangle Teezer's growth; Tangle Teezer had been owned by Mayfair Equity Partners since 2021.

Buyers
BIC
Targets
Tangle Teezer
Sellers
Mayfair Equity Partners
Location
United Kingdom
Transaction Type
Buyout

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