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Mutares agrees term sheet to sell Polish drugstore chain Natura to Specjał

Reported by PE Hub
Oct 20, 2026· 1 min read
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Key Takeaways
  • • Mutares has agreed a term sheet to sell Natura, a Polish drugstore chain, to Specjał, according to the primary source report.
  • • Natura operates more than 190 stores in Poland alongside an e-commerce platform, selling fragrances, make-up, face and body care, hygiene and hair care products.
  • • The source material available does not disclose deal value, timing of closing, or financial terms of the proposed transaction.
Summary
Mutares has agreed a term sheet to sell Polish drugstore chain Natura to Specjał, according to the primary source report. The term sheet represents a preliminary, non-binding stage of the transaction, with definitive agreements and closing subject to further negotiation.

Natura sells fragrances, make-up, face and body care, hygiene and hair care products through more than 190 stores and an e-commerce platform. The retail footprint positions the business as a multi-channel beauty and personal care operator in the Polish market.

The available source material does not specify the purchase price, valuation multiples, or expected completion timeline. Readers seeking financial terms should consult subsequent disclosures from Mutares or the parties involved.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

PE Hub Mutares agrees term sheet to sell Polish drugstore chain Natura to Specjał