Consortium led by EQT and ADIA enters exclusive negotiations to acquire skincare company Nestlé Skin Health
· EQT and a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) have partnered with a wholly owned subsidiary of the Public Sector Pension Investment Board (“PSP Investments”) and other renowned institutional investors · The consortium has entered into exclusive negotiations to acquire Nestlé Skin Health, a leading global skincare company · The new owners plan to support Nestlé Skin Health in its next period of growth and innovation by leveraging EQT’s strong healthcare expertise, local angles and industrial network A consortium comprising EQT VIII fund (“EQT”