Royal Sanders
Description
Royal Sanders is a European private label and contract manufacturing producer of personal care products. Founded in 1851, the company's key geographies are the Benelux, Germany, France, and the UK, with production facilities in the Netherlands (Vlijmen and Zeewolde), the UK (Bradford), Belgium (Ieper), and Germany (Groß-Rohrheim, Waiblingen, and Jessenitz).Royal Sanders generates revenue by producing a wide range of personal care products, including shampoo, bath and shower gels, body lotions, and hand wash, which it sells through private label, contract manufacturing, and own brands such as Van Gils, Sanicur, and Odorex. The company has demonstrated a consistent and strong track record of profitable growth, with a 13% sales CAGR over the past 10 years, significantly outgrowing the market. In 2018, 3i Group plc invested in Royal Sanders to accelerate its international growth strategy. 3i is supporting the management team in driving consolidation in the fragmented personal care industry through targeted acquisitions across different geographies.Since 3i's investment, Royal Sanders has made strategic acquisitions to expand its presence in Europe. In 2021, the company acquired Tunap Cosmetics, a move that aligns with its strategy to accelerate growth in the fragmented personal care environment.In December 2023, Royal Sanders successfully completed an all-senior debt refinancing, upsizing its debt facilities at attractive pricing, and distributed proceeds to shareholders. 3i received £109 million from this transaction.