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Sofina Takes Minority Stake in Nuxe

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Nuxe's strong growth likely made it attractive to its new minority investor.

Sofina has acquired a 45.13% stake in Nuxe. Aliza Jabès will remain president of Nuxe under the deal.

Nuxe is a frequently lauded brand and, in 2018, generated 275 million in revenue. 2019 sales to date are up 9%.