Spain: Corporation Exea Empresarial acquires majority stake in Apivita
The Spanish firm Corporation Exea Empresarial, the holding company of the Puig family, has announced the acquisition of a majority stake in the Greek company Apivita Cosmetics, according to a report in Cosmetics Business. Exea owns the Puig fragrances and fashion group; Flamagas, a manufacturer and distributor of stationery, electronics and lighters; and Isdin, a skin […]
Mexico: Henkel to acquire Nattura Laboratorios
German household and personal care giant Henkel, has announced that it has signed an agreement to acquire haircare firm Nattura Laboratorios and associated companies in the USA, Colombia and Spain. Headquartered in Guadalajara, Mexico, Nattura Laboratorios is primarily a manufacturer of professional haircare products, but is also active in the retail space through the styling […]
Germany: Henkel toasts “record” sales and earnings
Henkel, the German household and personal care giant, has announced a year of “record” sales and earnings as it unveiled its results for 2016. The Dusseldorf-based firm posted overall sales growth of 3.5% (or 3.1% on an organic basis) to end the year with €18.714 billion ($19.79 billion) revenue. Adjusted for foreign exchange effects, sales […]
USA: Shiseido to acquire custom foundation firm MatchCo
Shiseido, the Japanese cosmetics giant, has announced the acquisition of MatchCo, a US-based firm that creates custom foundation shades based on the customer’s individual skin tone, through its regional headquarters and consolidated subsidiary Shiseido Americas. The firm said that the synergy of MatchCo’s innovative digital tools and its own R&D capabilities would help to enhance a […]
Germany: Beiersdorf reports growth in 2016
Beiersdorf, the German health & beauty firm behind the Nivea brand, has announced that it has “continued on its sustainable, profitable growth path” in 2016, with preliminary annual results showing organic sales rising 3.2% on 2015. The growth was achieved in what the company described as “difficult political and economic conditions in some countries and […]
Italy: Sodalis acquires BrandCare
Sodalis, a leading Italian player in the personal, beauty and home care space, has announced the acquisition of household and healthcare business BrandCare from Portuguese investment fund Explorer Investments. BrandCare is an Iberian company that was formed in December 2013 as the result of the acquisition of a number of assets from Colgate-Palmolive. In Spain, […]
USA: Coty acquires majority stake in Younique
Coty, the global beauty and personal care firm, has announced that it has entered into a partnership with Younique, a social selling platform for beauty products, that will see it take a 60% stake in the firm. Founded in 2012 in the USA, Younique is described as offering a range of makeup and skin care products […]
Canada: L’Oreal to acquire Valeant brands
Valeant, a Canada-based multinational pharmaceutical company, is to sell the CeraVe, AcneFree and Ambi skincare brands to L’Oréal for $1.3 billion in cash. The CeraVe brand lineup includes cleansers and moisturisers for hand, face and body, as well as baby toiletries, and is based on ceramides, cholesterol and fatty esters delivered through a controlled-release system. The AcneFree […]
Brazil: Hypermarcas sells nappy business to Ontex Group
Pharmaceutical and consumer products manufacturer Hypermarcas has announced the sale of its disposable hygiene products business that includes nappies for babies and sanitary products for adults. Ontex Group, an international manufacturer of personal hygiene products, has acquired the business for R$1 billion ($312 million), according to a report in Supermercado Moderno. The divested business includes […]
UAE: Unilever opens plant in Dubai
FMCG multinational Unilever has opened a manufacturing plant at Dubai Industrial Park through an investment of 1 billion DHS ($272 million). According to a report in Sustainable Brands, goods produced at the new plant will have the “Made in UAE” label and 80% of production will be exported to the Europe and MENA regions. The […]