A consortium comprising EQT VIII fund, Luxinva, a subsidiary of the Abu Dhabi Investment Authority (ADIA), PSP Investments and other institutional investors, has moved to acquire Nestlé Skin Health (NSH) for an enterprise value of SFr10.2 billion.
NSH was founded in 1982 as Galderma and is a skincare company. It is headquartered in Lausanne in Switzerland.
Rothschild & Co and PricewaterhouseCoopers acted as financial advisors to the consortium.