SOLIHULL skin care firm simple has been sold to US based Alberto Culver Company in a £240m deal.Private equity house Duke Street yesterday announced the sale of the firm.
It employs about 60 people from its offices in Chadwick House in Blenheim Court.
Duke Street’s managing partner Peter Taylor said in a statement: “Its ‘David and Goliath’ appeal has enabled it to overtake larger, global brands in the domestic market.
“This has been a great deal for our investors and we remain committed to pursuing attractive opportunities in the consumer sector.”
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