Mercatura Cosmetics Biotech AG acquired Jean-Pierre Rosselet Cosmetics AG
Mercatura Cosmetics BioTech AG has acquired 100% of the shares of Jean-Pierre Rosselet Cosmetics AG (JPR AG) from its sole shareholder Jean-Pierre Rosselet. Jean-Pierre Rosselet acquires in return shares of Mercatura Cosmetics BioTech AG.
JPR AG is a well-known Swiss cosmetic company which achieved with its 55 employees a turnover of EUR 10 million in 2007. Retroactive as of 1st January 2008, the company will be consolidated and held as an independent subsidiary of the Mercatura Group. Jean-Pierre Rosselet, founder, will continue to manage JPR AG and beyond it, he will be “Director for International Affairs” at Mercatura. With the proven organization of JPR AG with headquarters in Zurich and offices in Lugano and Lausanne, there is no integration costs expected. Mercatura will seamlessly profit from the advantages of this transaction.
“We are extremely happy to have completed this transaction” says Dr. C.-Julius Heuberger, Chairman of Mercatura Cosmetics BioTech AG about the successful completion of the negotiation process. “For over 25 years, we have established a confidential and intensive business relationship, which is the milestone for today’s cooperation. I am pleased, that the successful and well-known JPR AG now belongs to the Mercatura Group, the companies fit perfectly together. JPR AG is an excellent complement for us and will accelerate our current, profitable growth rate. All parties will profit from this transaction”, continues Dr. Heuberger.