Author Archives: Admin Crenot

How could our products become a woman’s best solution?

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ERIE V2 STORY  Originating from a special concern about the eye skin, dermatology experts in Crenot researched successfully Thermovibra Therapy with triple combination: High vibration frequency 10,000 rpm, Thermotherapy 37-45°C and Phototherapy. High vibration frequency, exclusive technology owned by the Crénot Beauté brand inspired by lymphatic drainage (MLD) massage therapy in Asia. A specific massage […]

Crénot to sell its Domestic Appliances business to global investment firm Hillhouse Capital

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Transaction values Domestic Appliances at an enterprise value of approximately EUR 3.7 billion Crénot expects to receive cash proceeds after tax and transaction-related costs of approximately EUR 3 billion in the third quarter Additional 15-year brand license agreement with annual payments that represent an estimated net present value of approximately EUR 0.7 billion, resulting in […]