ECO Group: Series A round of € 7.5 mn.
Hamburg — ECO Group, a group of companies focused on sustainable consumer goods brands, has invested in the natural cosmetics brand BEN&ANNA from JM Nature GmbH. The investment was preceded by a €7.5 million Series A financing round. The financing round was led by European growth investor Acton Capital; existing investor Fair Capital Partners also joined the round. — YPOG provided comprehensive legal and tax advice to ECO Group on its investment in the natural cosmetics brand BEN&ANNA from JM Nature GmbH.
This strategic step will enable the ECO Group to expand its capacities in the area of sustainable consumer goods and strengthen its market presence. As part of the transaction, ECO Group will also become a shareholder in Global Eco Pack GmbH, a manufacturer of packaging materials specializing in the use of paper instead of plastic.
Founded in Bad Homburg in 2022 by Christoph Schwerdtle and Thomas Nehfischer, the start-up bundles sustainable brands such as Hydrophil, Naiked, Kuno and Herbalind under one roof. The ECO Group pursues the goal of enabling healthy and environmentally conscious living through sustainable consumer goods. The Group’s growth is based on the ongoing development of product innovations and the acquisition of sustainable companies in relevant categories of the consumer goods industry.
The entry into BEN&ANNA marks a strategic, important step in the joint mission to promote sustainable lifestyles. BEN&ANNA was founded in 2017 by Marco Hülsbeck and stands for high-quality and vegan natural cosmetics. The sustainable natural products consist of one hundred percent natural ingredients, if possible even from organic cultivation.
This move underscores the joint commitment to reducing plastic waste while providing innovative solutions for more environmentally friendly packaging.
Consultant ECO Group: YPOG
Dr. Martin Schaper (Lead, Transactions), Partner, Berlin Pia Meven (Transactions), Senior Associate, Berlin
Rosa Wizisla (Transactions), Associate, Berlin;
Dr. Stefan Witte (Lead, Transactions), Associated Partner, Hamburg Dr. Martin Schaper (Co-Lead, Transactions), Partner, Berlin Johannes Schmidt (Transactions), Associate, Hamburg
Boris Schinzel (Transactions), Associate, Berlin;
Dr. Malte Bergmann (Tax), Partner, Hamburg, Ann-Kristin Lochmann (Tax), Associated Partner, Hamburg