WAAM Cosmetics has raised equity from Karot Capital
WAAM Cosmetics has completed a fundraising in order to support the business’ growth.
WAAM Cosmetics, founded in 2016 by Dieynaba Ndoye, is a brand of natural, self-made cosmetics which is distributed in 700 outlets. The company’s product range includes oils, vegetable butters, floral waters, essential oils and clays.
Oaklins’ team in France advised the founder of WAAM Cosmetics on the timing and the selection of investors.
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Apotheka acquires two pharmacy outlets from Panpharmacy
In a strategic move that signifies the ongoing consolidation and growth within the Latvian pharmaceutical retail sector, Panpharmacy, the parent company of the leading online pharmacy InternetAptieka.lv, has successfully completed the sale of two of its brick-and-mortar pharmacies to Apotheka. These pharmacies, both situated in the capital city of Riga, will continue to serve customers under the Apotheka brand, marking a seamless transition in ownership and operations.
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