Ardian Investment Fund has confirmed the acquisition of German based hotel amenities giant ADA Cosmetics Gmbh from Carlyle for an undisclosed amount. Ada was founded in 1979 and it expects to close 2014 with a turnover of over 53 million euros, a single digit growth on 2013. Ada produces and distriutes hotel bathroom amenities for 3 and 4 star hotels under its own brands, but it also licenses prestigious luxury brands such as Bvlgari, Chopard and Trussardi.
Bronnley bathroom amenities licensed by ADA Cosmetics
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