P+P advises the management of ADA International in the sale to Moonlake Capital

The French investment firm Ardian has sold ADA Cosmetics Holding GmbH ("ADA International") to Moonlake Capital, which is based in Austria. P+P advised ADA management within the scope of the transaction.

ADA International, based in Kehl, is a leading manufacturer and supplier of high-quality hotel cosmetic products and innovative dispensing systems. The firm has approximately 700 employees and supplies 3- to 5-star hotels in more than 50 countries.

Moonlake Capital is a newly founded investment company based in Austria and has an associated office in Great Britain. Moonlake Capital exclusively invests its own capital and enters into long-lasting partnerships with its portfolio companies. Moonlake Capital plans to support ADA International in its continued growth.

P+P Pöllath + Partners advised the management of ADA on legal matters with the following Munich-based team:

• Dr. Benedikt Hohaus (partner, M&A/private equity, management participations)
• Dr. Tim Kaufhold (counsel, M&A/private equity, management participations)
• Silke Simmer (associate, M&A/private equity, management participations)

P+P had already advised ADA management in 2014 when Ardian joined the company.