Verdane sells part of stake in Finnish beauty brand Lumene Group

Lumene Group is a Nordic beauty company specializing in skincare, makeup and haircare products.

  • Lumene Group is headquartered in Espoo, Finland
  • Verdane became the majority owner of Lumene in 2021
  • In 2024, Lumene’s net sales were €102 million

Verdane has sold part of its stake in Finnish beauty business Lumene Group to a series of investors led by Creades.

Lumene Group is headquartered in Espoo, Finland where most of the products from its Lumene, Ida Warg and Cutrin brands are developed, designed, and manufactured.

Share this