Investment company AFK Sistema has acquired 100% of the registered capital of Organic Rus, the owner of the Natura Siberica group of companies. In this respect says In the message of AFK Sistema.
AFK Sistema did not specify the terms of the agreement.
“Natura Siberica is a well-known brand with a long history, strong financial and operational performance, with a quality presence and a long history,” AFC President Tagir Sitdekov said in the message.
He stated that Natura Siberica has great potential for further business growth through expansion of production and product lines.
Natura Siberica made a net profit of 10.2 billion rubles at the end of last year. According to the report, the company has no net debt.
Citing sources, that AFK Sistema will close the acquisition of Nature Siberica in the near future knowledgeable newspaper “Vedomosti”. Felix Lieb, CEO of Natura Siberica, confirmed this information in an interview with the newspaper, and a representative of AFK Sistema said that the deal will be completed in the near future.
Natura Siberica group of companies is a Russian manufacturer of certified organic cosmetics.