August 30, 2015
Translink Corporate Finance announces the successful founding of a 50:50 joint venture between the Swiss “Mibelle Group”, a subsidiary of MIGROS, a full-service customer brand manufacturer, and the Indian “Future Consumer Enterprise Ltd.”, part of the biggest retail group in India. The purpose of the joint venture is the development, production and marketing of new personal care brands and product concepts for the Indian market. Translink acted as the exclusive financial advisor to Mibelle Group.
Mibelle Group is a subsidiary of Migros, the largest Swiss retail company. It operates five business divisions – Personal Care, Home Care, Nutrition, Biochemistry and Brands with annual sales of MEUR 328. It acts as a full-service customer brand manufacturer by covering product development, production and marketing.
As subsidiary of the Indian Future Group, India’s largest retail group, the Future Consumer Enterprise Ltd. acts as sourcing-to-supermarkets FMCG company. It operates like Mibelle Group as a full-service customer brand manufacturer.
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Translink Corporate Finance GmbH & Co. KG with its offices in Frankfurt and Bremen covers Translink’s business in Germany, Austria and Switzerland. It is composed of seasoned finance and M&A professionals who have in-depth experience in a variety of sectors and disciplines.