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Omorfia Group completes acquisition of The Grooming Company Holding to expand its beauty services portfolio

PRIVATEJun 12, 2024

Acquiring Company

Omorfia Group

Acquired Company

The Grooming Company Holding

Abu DhabiDubaiE CommerceFashionBeautyLifestyleBeautyLifestyle

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.

Other recent acquisitions in E Commerce and Fashion

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Omorfia Group

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

With its trademark growth mindset, Multiply Group (ADX: MULTIPLY) invests in transformational cash-generating businesses it understands

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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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