Founded in 1997 and headquartered near Padua, Italy, Claire is an Italian contract manufacturer of cosmetics, spray and medical devices for the cosmetics and nutraceutical markets. In the last few years, Claire has realized important investments in the aerosol technology and in the construction of a cleanroom dedicated to the production of medical devices, standing out in the Italian market also thanks to the offer of the spray technology Bag on Valve.
Ethica Corporate Finance advised the shareholders of Claire, active in the contract manufacturing for the cosmetics and nutraceutical markets, in the sale of the company to Nutrilinea. The management will continue to operate alongside Nutrilinea management. This partnership will contribute to creating a leading European player in the production and development of nutraceutical products, entering the aerosol market for the production of medical devices and focusing on developing new innovative technologies and products.
Having acted as sell-side advisor in previous deals in the sector, Ethica has been able to leverage a solid knowledge of the reference market and players and managed a selected sell-side process. Ethica supported Claire shareholders by adding value both in terms of economics and in terms of finding the best strategic partnership.