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
- Industry
- Consumer Products
- Location
- United Kingdom
- Transaction Type
- Buyout
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