**Source:** Jumeili (聚美丽) · **Date:** 2026-10-20 · **Category:** M&A / Stake sale *原文：代理权纷争拖累业绩？美斯蒂克要卖股权* Mesoestetic (美斯蒂克), the Spanish professional aesthetics brand popular in Chinese clinic channels, has hired Banco Santander to evaluate bringing in a strategic investor or selling a partial equity stake, according to people familiar with the matter cited by Jumeili on October 19. The review follows a distribution-rights dispute that has weighed on the company's performance in China, where agency conflicts have repeatedly tripped up foreign professional brands - control of the clinic channel is the asset, and losing it erodes the premium. Jumeili's tags frame the story around oral beauty and a potential sale, but the publicly visible portion of the article stops at the mandate confirmation, so the valuation range and buyer profile remain unknown. For other imported professional brands, the lesson is that Chinese distribution architecture is now material to group-level capital decisions, not just sales operations. Note: login-walled source; summary reflects the public lede. Detail --- Mesoestetic Banco Santander Strategic investor or partial stake sale October 19, 2026 Distributi

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