Develop a modern domestic cosmetics company based upon Western European materials and formulasThe Business
The Company was established in 2003 to produce and distribute premium cosmetics. Raw materials and packaging are imported from Western Europe and the Company uses Swiss formulas and registered active cellular components. The Company?s principal shareholders acquired the business in 2009 and are from Western Europe. The Company?s management has spent a year to re-position the brand, taking advantage of the existing brand awareness, with new identity and new lines (42 references). The Company has been using focus groups and consulting with large Western companies during this process. The Company?s new lines have been distributed for the past six months with positive sell-out.
Market
The Company is now focusing on developing distribution through pharmacies, perfumeries, regional distribution, its own retail with high-end kiosks (for brand awareness), and Internet. The Company is currently negotiating an exclusive distribution agreement with one of Russia?s largest perfumery chains. Management has invested over USD 1 million to date. The Company is seeking up to EUR 1.5 million investment to expand the business.
Sector: CosmeticsSegment: CosmeceuticalsRegion: RussiaFinancing Size: $1m to $5mContact: Philippe Der Megreditchian
Company: OLMATelephone: +33 6 03 88 30 13Email: [email protected]