Nili Capital acquires Israeli cosmetics manufacturer CHiC
Nili Capital has acquired CHiC Cosmetic Industries, one of Israel’s leading manufacturers of beauty and personal-care products.
Founded in 1987 and headquartered in Yavne, CHiC operates as both a vertically integrated contract development and manufacturing organization and a cosmetics brand owner. The company produces skincare, suncare, body care, hair care, toiletries, fragrances, and color cosmetics, with more than 1,000 active SKUs for more than 20 domestic and international partners.
CHiC was founded by Nahum Segal, who will continue to support the company in an advisory capacity following the transaction. David Yonatan will join CHiC as CEO as the company looks to expand its commercial reach and digital capabilities while continuing to build on its manufacturing platform.
Lipa & Co. represented CHiC in the transaction, with the team led by Dr. Ziv Preis, Mor Schreiber, Or Bar-Gur, and Reut Ackerman.
Goldfarb Gross Seligman advised Nili Capital.
