Nexus Capital Management news and archive

MAV Beauty Brands acquired by Nexus Capital Management

MAV Beauty Brands, which offers premium quality haircare, face and bodycare beauty products, has received the green light from the Ontario Superior Court of Justice for the sale of substantially all of its assets and those of its subsidiaries to an affiliate of Nexus Capital Management LP, a Los Angeles-based private equity firm. In a statement,...

Business |Beauty

Unilever sells grooming brand Dollar Shave Club

Consumer goods conglomerate Unilever has sold men’s grooming brand Dollar Shave Club to US-based private equity firm Nexus Capital Management LP for an undisclosed amount. Unilever, which acquired the men’s grooming brand in 2016, said in a statement that it would retain a minority shareholding of 35 percent. The American company offers a range...