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Founder family of Oriflame places SEK 12.9bn bid for all shares
May 23, 2019

The founding family of Oriflame, the Jochnick family, has placed a public cash offer to acquire all shares in Oriflame. Oriflame is a Swedish-based cosmetics and beauty company. Oriflame reported a turnover of EUR 1.3bn and EBITDA of EUR 192m in 2018, corresponding to an EV/EBITDA multiple of 7x.

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