 | |
| Company type | Public joint stock company |
|---|---|
| Industry | Consumer goods |
| Founded | 1971 |
| Headquarters | Nevinnomyssk, Russia |
Key people |
|
Number of employees | 2,000 (2023) |
| Website | http://www.arnest.ru |
The Arnest Group is a Russian manufacturer of perfumery, cosmetics and household products.
The company was founded in 1971 in Nevinnomyssk and expanded in 2007, following the purchase of Aerosol Novomoskovsk. [1]
Following the Russian invasion of Ukraine, in February 2022, many Western companies curtailed their operations in Russia [2] and, aided by favourable conditions imposed by the Russian government, the Arnest Group entered a period of rapid expansion by buying up Western subsidiaries.
In September 2022, it purchased the Russian wing of the American aluminium manufacturing company, the Ball Corporation, in a deal worth $530 million. [3] In August 2023, it purchased the Russian subsidiary of the Dutch brewing company, Heineken. [4] The deal, worth $108 million, incorporated all of Heineken's Russian assets, including seven breweries, but did not included any Heineken branding rights. [5] And in October 2024, it purchased the Russian wing of the British consumer goods company, Unilever. The deal, worth $562 million, [6] included all of Unilever's business in Russia, four factories, and businesses in Belorussia. [7]
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