Amethis backs Spanish company to expand to Africa and beyond
Private equity firm Amethis has acquired a significant minority stake in Spanish skincare company HB Aesthetics (HBA) as part of a strategic move to facilitate HBA’s international expansion.
The investment will assist HBA in penetrating growing markets in Africa and the Middle East, while fortifying its presence in Asian, European, and North American markets. Alongside this, HBA is building a new industrial facility to sustain its future growth.
The Spanish firm’s export-focused strategy, with over 95% of sales made overseas, aligns with Amethis’ investment approach, targeting companies with strong international growth prospects.