M&As this week: 3i Group, Marc Anthony

3i Group has completed an acquisition of Koninklijke Sanders (Royal Sanders) from Egeria for an undisclosed sum.

3i Group is a private equity firm based in the UK, while Egeria is based in the Netherlands.

Also based in the Netherlands, Royal Sanders is a producer of personal care products for men, women, children and babies. Bart Hullegie is CEO of the firm.

Marc Anthony Cosmetics has completed an acquisition of Cake Beauty for an undisclosed sum.

Both companies involved in the acquisition are based in Canada.

Marc Anthony is a provider of haircare products in more than 25 countries, while Cake Beauty sells natural hair and skincare products through Shoppers Drug Mart stores in Canada.

The transaction enables Marc Anthony to expand its global footprint and offer a wider variety of products.

Cake Beauty claims to produce naturally formulated and vegan-friendly products that are made without animal testing. The firm expects the acquisition to improve its retailer relationships.