Done Deal: Karium

Formed from the acquisition of Godrej Consumer Brands by JZ International (JZI), Karium is a unique portfolio of well-known Personal Care Products.

These include PRO:VOKE, an expert hair colour enhancement and care brand; Soft & Gentle, a fragrance led anti-perspirant deodorant and care brand; and Cuticura, an anti-bacterial hand hygiene and medicated skin care brand.

PNC provided a senior secured facility comprising of an Accounts Receivable and Inventory revolver and a Term loan. PNC’s solution was enhanced by utilising its own Junior Secured lending fund, Steel City Capital Funding, within the debt structure.

Alongside Karium’s strong management team, JZI intends to continue to grow the business organically, as well as through a focused buy-and-build strategy across the UK and Europe.