Acquisition of Kosmolet A/S (DK) by Matas A/S (DK) — DKK 145 million

Carnegie acted as exclusive financial adviser to Matas in the acquisition of Kosmolet. Kosmolet is the company behind Nilens Jord, a successful Danish makeup brand. Known for its allergy-friendly and natural profile, Nilens Jord is the best-selling makeup brand carried by Matas. June 2019.