Polish Cosmetics Giant Inglot Changes Hands as Regulator Approves Acquisition

Poland's Office of Competition and Consumer Protection (UOKiK) has given the green light for Luxembourg-based Avallon MBO Fund IV to take control of the renowned Polish cosmetics company, Inglot. The approval allows the fund to acquire 51% of the company's shares, marking a significant ownership shift.

This acquisition signifies a new chapter for Inglot, a brand recognized globally for its makeup products. The deal, however, includes a crucial stipulation: the founding Inglot family will remain actively involved in the daily management of the business. This ensures continuity in operations and brand strategy, blending new financial backing with established expertise.

While the change in majority ownership is substantial, the continued involvement of the Inglot family suggests a strategy focused on growth and stability. The UOKiK's approval indicates that the transaction is not expected to negatively impact market competition, paving the way for Avallon MBO Fund IV to implement its plans for the cosmetics giant.