Beauty Tech was founded in 2009, and reported adjusted earnings before interest, tax, depreciation and amortisation of GBP22.9 million ($39.82 million) on revenue of GBP101.1 million last year, according to Bloomberg.
A company that Thakral Corporation holds a 9.32% effective interest in is considering an initial public offering (IPO) on the main market of the London Stock Exchange.
UK-based The Beauty Tech Group, which is owned by Project Glow Topco, a company that Thakral has an investment in, intends to publish a registration document and apply for admission of its ordinary shares, according to an announcement on Sept 8.
