Clearwater International advises Halder on acquisition of GEKA BRUSH from Equita

Clearwater Advisor

Clearwater International acted as sole financial adviser to Halder and the management team on the acquisition of 100% of the share capital of GEKA BRUSH GmbH from Equita

With 540 employees, GEKA generated consolidated sales of €79m in 2006. GEKA is a leading manufacturer of top-quality cosmetic brushes, especially mascara brushes, and packages as well as brushes and packs for nail varnishes, eyeliner, lip-gloss and cream on shadows.

Based in Frankfurt, Halder is a private equity investment firm that specialises in small to medium-sized enterprises.

Clearwater International, led by partner Axel Oltmann, advised Halder and the management of GEKA BRUSH