Didier Tabary and HLD take over SVR laboratories alongside the Véret family

In January 2014, Didier Tabary and HLD, through an FPCI managed by Perfectis, took over SVR Laboratories alongside the Véret family. SVR Laboratories, the last French family brand among the leaders in dermo-cosmetics in pharmacies, emerged from safeguard proceedings with the support of HLD and Didier Tabary, President of Filorga Laboratories, who acquired 70% of the group's capital, alongside the Véret family.
February 3, 2014
Acquisitions and disposals
HLD

A family-owned company for three generations, the SVR group manufactures and distributes dermo-cosmetic products. The company has a sales network in France, 5 subsidiaries abroad (Italy, Spain, Belgium, Morocco and Tunisia) and exports its products to over 35 countries. The company has a turnover of about 40 million euros and employs 300 people in France and worldwide..

Since its creation, the company had always been in continuous and profitable growth. In 2012, following major investments, it experienced difficulties in coping with its indebtedness, which led it to be placed in safeguard proceedings..

Through an FPCI managed by Perfectis, HLD and Didier Tabary provide the equity needed to redeploy SVR. The FPCI becomes a majority shareholder. This operation allows to keep a "nugget" of the French cosmetic industry while preserving employment..

With this acquisition, HLD and Didier Tabary strengthen their sector expertise, thus confirming their strategy of developing a medical beauty division with the ambition, with the Véret family, to impose the company as one of the major players in cosmetics..

Benoit Beyls states: :

“The joint HLD/Didier Tabary offer was selected in particular for the relevance of its operational analysis, its in-depth expertise of the sector but also because the objective of these partners is to preserve the independence of SVR. I am very happy to have found HLD and Didier Tabary, long-term investors, as shareholders, who will allow us to achieve the French and international ambition that drives SVR's teams..”