US: Edgewell to Acquire Cremo company for US$235 million
Cosmetic giant Edgewell has announced the acquisition of Cremo, a Men’s grooming company for US$235 million. Founded in 2005, Cremo is one the fastest growing men’s grooming brands in the U.S., offering a full range of care products for the beard, skin, hair, and body. The transaction is part of the Edgewell strategy to acquire […]
Germany: Henkel to acquire majority stake in Invincible Brands
German household and personal care giant Henkel has announced the acquisition of 75% stake of Invincible Brands Holding for an undisclosed sum. Founded in 2015, Invincible Brands Holding is a platform of direct-to-consumer (D2C) beauty brands, distributed all across Europe. This deal will involve three major brands: HelloBody, Banana Beauty, and Mermaid+Me producers of premium […]
Switzerland: Nestle Health Science to acquire majority stake in Vital Proteins
Nestle Health Science has announced the acquisition of majority skate in Vital Proteins, a producer of supplements, vitamin, food, and beverage products. Founded in 2013, Vital Proteins brand portfolio’s includes Atrium Innovations, Garden of Life, Pure Encapsulations, and Persona, distributed across 35,000 retailers. Greg Behar, CEO of Nestle Health Science, said: “This is an exciting […]
Spain: Puig to acquire majority stake in Charlotte Tilbury
Spanish-based perfume and fashion company Puig has announced the acquisition of a majority stake in makeup brand Charlotte Tilbury. Launched in 2013 by Charlotte Tilbury itself, the British-based brand creates and develops luxury makeup and skincare products. Charlotte will continue as chairman, president, and Chief Creative Officer of the company. According to the company press […]
USA: Coty to sell majority stake of hair care business for $4.3 billion
The global beauty company Coty has announced the sale of the majority stake of its Professional Beauty and Retail Hair Businesses for $4.3 billion to global investment firm KKR. Owner of brands such as Clairol, OPI, ghd, and Wella, Coty is one of the biggest beauty companies making cosmetics, skincare, fragrances, and hair colour products […]
USA: P&G to launch paper deodorant tube packaging
Leading household and personal care firm P&G has announced the launch of a plastic-free format for its deodorant brands Old Spice and Secret. According to sources, the paper tube packaging uses 90 percent recycled content and is certified by the FSC. The paperboard tube does not contain wax, plastics, BPA, or PFA and has an […]
India: Unilever to complete merge with GSK Consumer Healthcare
Unilever, the Anglo-Dutch consumer goods giant, has announced the completion of the merge between GSK Consumer Healthcare (GSK India) and its Indian Affiliate, Hindustan Unilever Limited (HUL). The deal, previously announced in December 2018, was subject to legal and regulatory approvals, which are now secured. In addition to this merge, HUL will acquire the Horlicks […]
UK: PZ Cussons announces sale of Luksja, plans to sell Nutricima
PZ Cussons, a leading consumer products group, has announced the sale of its Polish care brand Luksja and its plans to sell its Nigerian dairy business Nutricima. The Greek personal care company, Sarantis Group, was the buyer of Luksja. The group will also distribute some PZ Cussons brands in Central and Eastern Europe. Nutricima is […]
USA: Coty takes majority stake in Kylie Cosmetics
Coty, the global fragrance and cosmetics firm, has announced it has taken a 51% stake in Kylie Cosmetics, the beauty brand owned by media personality Kylie Jenner, for $600 million. Kylie Cosmetics offers a range of lip, eye and face make-up, and generates around $177 million in annual turnover. Coty said the strategic partnership would allow […]
Finland: Celsius Holdings to acquire Func Food Group
Celsius Holdings, the maker of fitness drink Celsius, has announced the acquisition of Func Food Group, a Finnish supplements and health foods firm, for $15.1 million in cash and the assumption of $9.5 million of outstanding debt. Func Food is a markets and distributes beverages, protein bars, supplements and superfoods under the brands Celsius, FAST […]