U.S.-headquartered and LVMH-backed private equity firm L Catterton has acquired a “significant” minority stake in Swedish sustainable hair care brand Maria Nila. The partnership aims to develop the brand’s product portfolio and sales channels on a global level.
Founded in 1999 in the South of Sweden by Ann and Ulf Wikström, who aimed to create professional haircare products that would be friendly to the planet, Maria Nila provides an extensive line of certified cruelty-free and 100% vegan.
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L Catterton Takes Minority Stake in Swedish Hair Care Brand Maria Nila
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