M&As this week: ADA Cosmetics, African Equity Empowerment Investments

ADA Cosmetics has acquired RDI Malaysia as part of its development strategy.

Based in Germany, the ADA Cosmetics manufactures and sells bodycare products for hotels.

RDI Malaysia manufactures bodycare products, soaps, and packaging materials such as bottles and caps.

The acquisition is expected to help ADA Cosmetics expand its activities in Southeast Asia.

African Equity Empowerment Investments (AEEI) has acquired a majority stake in Orleans Cosmetics, an importer and distributor of beauty products.

The acquisition has expanded AEEI’s health and beauty division.

Orleans expects the stake purchase by AEEI to help its business expansion in the premium cosmetics markets.