A private Group of investors acquires a majority stake in Kencana GmbH

The shareholders of Kencana sold a majority stake to a private Group of Investors

Vertical: Consumer Products
Industry Group: E-Commerce

Areas of Focus: K-beauty, Online marketplace

  • The hillstreet team advised the shareholders of Kencana GmbH throughout all phases of an exclusive M&A process until its successful completion
  • Kencana GmbH is one of Europe’s leading suppliers of Korean skincare products
  • With the acqusition of Kencana, the group of investors plan to expand the technological platform, scale up internationally, and develop their own brands for the European market

hillstreet advised the shareholders of Kencana, a rapidly growing online retailer of high-quality Korean beauty and skincare products, on its acquisition by a private investor group.

Kencana GmbH, Seevetal, Germany
Kencana GmbH, based in Seevetal near Hamburg, is one of Europe’s leading suppliers of Korean skincare products. The company combines exclusive brand partnerships with technological expertise, data-driven marketing, and a broad network of sales and retail partners. Kencana brings high-quality K-beauty products to end customers across Europe via its online shop www.lovemycosmetic.de and leading marketplaces. As a full-service provider, Kencana supports international brands in entering the European market—from logistics and technical integration to strategic brand development.

Group of Investors, Germany
The group of private investors includes Henry Dawidowicz, CEO of FETTE Pharma Holding AG, and Tarek Müller, Co-CEO of ABOUT YOU. The new partners have many years of experience in the digital economy, retail, and brand development. They now plan to expand the technological platform, scale up internationally, and develop their own brands for the European market. In addition, a new management team has been put in place around the new managing director Tania Moser, formerly of Pets Deli, who has extensive experience in D2C brand building and managing high-growth companies.

hillstreet advisory partners GmbH, Frankfurt am Main, Deutschland
Based in Frankfurt am Main, hillstreet is an exclusive address for the purchase and sale of mediumsized companies and for professional succession consulting. As a partnership-based consulting firm, hillstreet operates independently and free of any conflicts of interest, offering first-class consulting on a par with a top-tier investment bank, focusing on consumer, food & retail, industrial products & construction, business services & healthcare. The team at hillstreet has extensive expertise based on their successful support of more than 100 transactions since 2000.

Contacts and Deal Announcements

Media Contact
media@hillstreet-advisory.com

Deal Team
Marco Strogusch | Managing Partner
strogusch@hillstreet-advisory.com

Tim Buttelmann | Associated Partner
buttelmann@hillstreet-advisory.com

Philip Kiener | Analyst
kiener@hillstreet-advisory.com