Accantia Health and Beauty
From Graces Guide
of Solihull
The company’s core businesses are skincare, toiletries and soap. Its brand, 'Simple' is a range of skincare and toiletries products, developed for sensitive skin.
2000 'Smith and Nephew yesterday announced plans to sell several businesses and transform itself into a focused global medical devices company. The firm, known worldwide for its orthopaedic products, said: it was selling its female hygiene and toiletries division to a management buy-out team, backed by ABN Amro Capital, for £l4O million in cash. The new team is creating a company called Accantia Health and Beauty and will take on 510 employees from Smith & Nephew. The business, which includes brands like Lil-lets and Simple, had sales of £B6 million.'[1]
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Sources of Information
- ↑ The Scotsman - Thursday 29 June 2000