In The Press August 03, 2020

Capital D Sells 75% Stake in Invincible Brands’ Cosmetics Group

The Private Equity team advised capital D on its partial exit from its investment in Invincible Brands. Henkel, one of the world’s leading FMCG companies, acquired a 75% majority stake in a business of Invincible Brands, comprising three fast-growing premium D2C brands.
 
The Goodwin team was led by Lars Jessen and Markus Hiebel and included Martin Prokoph, Christina Papadimitriou and Carolin Keferstein, with tax advice provided by Heiko Penndorf and Felix Krueger and further assistance from Peter Junghänel (all Frankfurt), Édouard Baladès (Paris), and Michael Vignone (Boston).
 
Noerr and LCA Studio Legale acted as further advisors to capital D.
 
For additional details, please read the press release.