Manzanita Capital Takes Stake in Susanne Kaufmann

PARIS — Indie skin-care brands in the wellness beauty space continue to hold investors’ attention. On Friday, it was learned that Manzanita Capital had taken a stake in Susanne Kaufmann Kosmetik GmbH to bolster awareness of the brand and accelerate its growth. Terms of the deal, including the size of the stake, were not disclosed. “As a founder, I remain a shareholder and managing director of Susanne Kaufmann. As in the past, my main tasks will be product development and quality assurance,” wrote Kaufmann in a note to clients. “Together with our team, we will continue to pursue the chosen course of establishing Susanne Kaufmann as one of the leading clean beauty brands.” Kaufmann said in the note that organizationally, “nothing will change…except the opportunity to grow together with Susanne Kaufmann.” Investors’ interest in beauty’s wellness segment continues growing. On Oct. 3, it was revealed that a new Australian fund, Point King Capital, had invested $10 million in Beauty Chef. And, as reported also on Oct. 3 in WWD, final bids for Drunk Elephant may be nearing an end. The natural natural treatment remains hot, too, as skin care remains the fastest-growing beauty category. Groupe Nuxe in late September said that it had sold a

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