Extract from M&A Insights

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Denmark-based private equity firm Axcel acquires Swedish cosmetics brand Isadora.
February 2, 2018

Isadora sells lipstick, mascara and nail polish to more than 40 countries worldwide.The acquisition of Isadora, which had a profit of DKK 120 million in most recent fiscal year, is Axcel's first investment in 2018. Industry sources puts DDK 1 billion price tag on the investment.

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