Castanea acquires controlling stake in Urban Decay

Published: 30-Mar-2009

Private equity firm Castanea Partners has acquired a majority interest in colour cosmetics brand Urban Decay. Details of the acquisition have not been disclosed.


Private equity firm Castanea Partners has acquired a majority interest in colour cosmetics brand Urban Decay. Details of the acquisition have not been disclosed.

Urban Decay was acquired by LVMH in 2000 and was subsequently sold to The Falic Group, a travel retail and luxury goods consortium in 2002. Annual sales for the brand are said to have increased by more than four times since it was acquired by the group.

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