USA: Unilever to acquire Schmidt’s Naturals
FMCG giant Unilever has announced that it has reached an agreement to acquire US based personal care company Schmidt’s Naturals for an undisclosed sum. Schmidt’s Naturals is an Oregon-based company that produces personal care products such as deodorant, bar soap and toothpaste. According to a Unilever press release, Schmidt’s Naturals aims to make natural products […]
Canada: Nestle to acquire Atrium Innovations
Atrium Innovations, a Canada-based health products firm, is to be acquired by Swiss FMCG giant Nestle for $2.3 billion in cash. The firm, which describes itself as “a world-wide leader in nutritional supplements and one of the fastest growing companies in the industry globally”,will be acquired by Nestle from a group of investors including a […]
USA: 7-Eleven launches Simply Me Beauty
7-Eleven, the global convenience store chain, has announced the launch of its first private label cosmetics brand under the name Simply Me Beauty. Promising “cosmetic convenience”, the new brand range is described as “an affordable, fashion-forward line of makeup” targeting millennial women. According to 7-Eleven, the new products were “created for busy millennial-aged women looking for […]
USA: Unilever expands in personal care with Sundial Brands acquisition
Unilever, the FMCG multinational, has announced the expansion of its personal care portfolio with the acquisition of New York, USA based toiletries firm Sundial Brands for an undisclosed sum. Announcing the move in a statement, Unilever said that the move would “accelerate[] […] category growth by addressing under-served needs of multicultural and millennial consumers”. Founded in […]
USA: Procter & Gamble acquires Native Deodorant
Procter & Gamble, the US-based consumer goods giant, has acquired the direct-to-consumer personal care firm Native Deodorant, according to a report in the Cincinnati Business Courier. Financial terms were not disclosed, but the deal is reported to have been completed for around $100 million in cash. Native is promoted as “deodorant that isn’t a chemistry […]
Sweden: Orkla acquires Health And Sports Nutrition Group
Scandinavian FMCG firm Orkla has announced an expansion into the sports supplements space with the acquisition of Health And Sports Nutrition Group (HSNG), described as the largest e-commerce firm for sports nutrition in the Nordic region. HSNG runs the Gymgrossisten and Bodystore platforms, offering food, dietary supplements and health and well-being products in addition to clothing. […]
USA: Nestle among possible suitors for Hain Celestial – reports
Nestle, the FMCG giant, is rumoured to be among companies considering a move for Hain Celestial, the US-based manufacturer of health and wholefoods. News agency Bloomberg reports that the Swiss firm has held preliminary talks about purchasing all or parts of Hain Celestial, according to “people familiar with the matter”. Bloomberg further cites its sources as saying […]
USA: Cosmetics LK strengthens in nail care with Prolana acquisition
US health and beauty retailer Cosmetics LK has announced the acquisition of Prolana, a nail care firm, for an undisclosed sum. Founded and launched in 2007, Prolana markets its flagship Nail Optimizer brand as a one-step solution for restoring and strengthening thin, brittle nails. Cosmetics LK said it had “bold plans” to develop the Prolana product range in […]
UK: Warpaint London announces acquisition of Retra Holdings
Warpaint London, a UK cosmetics manufacturer and owner of the W7 brand, is set to acquire rival Retra Holdings after raising £21.2 million ($28.0 million) in new investment. Retra Holdings owns the Technic, Body Collection and Man’s Stuff brands and generated revenue of £17.5 million ($23.05 million) in 2016. The firm focuses on the ‘gifting’ sector, […]
Innovation drives FMCG in the UAE
Insight by Gama Compass DUBAI – 8th November 2017: The UAE continues to be a hotbed for investment in the FMCG sector, with new product development coming from both domestic and international firms eager to tap into new opportunities, especially in the UAE’s fast-growing food and drinks industries. New product development trends highlight the importance of market-specific preferences […]