Omorfia Group completes acquisition of The Grooming Company Holding to expand its beauty services portfolio
Acquiring Company
Omorfia Group
Acquired Company
The Grooming Company Holding
Description
Omorfia Group, majority owned by Multiply Group, has successfully acquired 100% ownership of The Grooming Company Holding (TGCH), a premier provider of salon and beauty services in the UAE. This strategic move reinforces Omorfia Group's commitment to expanding its beauty services portfolio within the UAE and beyond, in alignment with its growth strategy centered around targeted bolt-on acquisitions.
Quick answer
Omorfia Group is acquiring The Grooming Company Holding, announced June 12, 2024. Omorfia Group is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates.
- How much did Omorfia Group pay for The Grooming Company Holding?
- The deal value was not disclosed.
- What does Omorfia Group do?
- With its trademark growth mindset, Multiply Group (ADX: MULTIPLY) invests in transformational cash-generating businesses it understands
- Where are Omorfia Group and The Grooming Company Holding based?
- Omorfia Group is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates. The Grooming Company Holding is based in Dubai, Dubai, United Arab Emirates.
- Who are the decision-makers at Omorfia Group?
- Fundz holds 3 contacts at Omorfia Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Omorfia Group, and when
When Omorfia Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Omorfia Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Omorfia Group, from your own LinkedIn network
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Frequently asked
Who acquired The Grooming Company Holding?
The Grooming Company Holding was acquired by Omorfia Group, based in Abu Dhabi. The deal was reported on June 12, 2024. With its trademark growth mindset, Multiply Group (ADX: MULTIPLY) invests in transformational cash-generating businesses it understands Omorfia Group is privately held and operates in E Commerce.
When did Omorfia Group acquire The Grooming Company Holding?
Omorfia Group's acquisition of The Grooming Company Holding was reported on June 12, 2024. Omorfia Group, majority owned by Multiply Group, has successfully acquired 100% ownership of The Grooming Company Holding (TGCH), a premier provider of salon and beauty services in the UAE. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The Grooming Company Holding do?
The Grooming Company Holding’s mission is to acquire and develop beauty and well-being concepts and brands that offer exceptional experiences to modern women and men. The Grooming Company Holding’s growth is powered by vision and partnerships. It is privately held, operating in Beauty, and is based in Dubai.
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