B&S Group S.A. (ENXTAM:BSGR) signed an agreement 70% stake in Europe Beauty Group S.A.S on April 8, 2022. Europe Beauty Group S.A.S generated a revenue of roughly €33 million and an EBITDA of €2.5 million in 2021. The current management of the company remains on board with an initial minority stake of 30% to foster entrepreneurship and co-ownership, with an option for B&S to buy an additional 15% in three years.

B&S Group S.A. (ENXTAM:BSGR) completed the acquisition of Europe Beauty Group S.A.S on May 12, 2022.