Brazil: Puig acquires minority stake in Granado
Puig, the fashion and fragrance giant, has bought a minority stake in the Brazilian toiletries firm Granado, according to reports in Reuters and Cosmetics Business. The Spanish firm, which is behind the Jean Paul Gaultier and Carolina Herrera brands, is to acquire a 35% stake in Grupo Granado for around R$500 milllion ($155 million), according […]
India: Wipro acquires Zhongshan Ma Er Daily Products
Indian-based company Wipro Consumer Care and Lighting has acquired 100% of Chinese FMCG company Zhongshan Ma Er for an undisclosed amount. Wipro focuses on products including soaps, toiletries, personal care & baby care and has a presence in countries such as India, Malaysia, Indonesia, Vietnam, China, as well as the Middle East. With this new […]
USA: Unilever acquires Seventh Generation
FMCG giant Unilever has announced that it has agreed to acquire Seventh Generation, a US-based producer of natural household and personal care goods. Seventh Generation is a manufacturer of plant-based household products including soaps, detergents and baby toiletries, and reported turnover of $200 million in 2015. Commenting on the news, Unilever North America president Kees […]
USA: Unilever in talks to buy Honest Co – reports
FMCG giant Unilever is in discussions to buy ecological home and personal care firm Honest Co for around $1 billion, according to a report in the Wall St Journal quoting “people familiar with the matter”. Co-founded by actress Jessica Alba, Honest Co makes products such as disposable nappies, household cleaners and personal care and beauty […]
Japan: UHA Mikakuto launches ‘fat-absorbing’ lozenges
Japanese confectionery firm UHA Mikakuto has announced the introduction of a new throat lozenge that is said to combine a variety of functional benefits. Named UHA Mikakuto Off Zeitakuna Off Nodoame, the new throat lozenges are said to prevent the absorption of fat, to help regulate the absorption of sugar, and to relieve digestive complaints. […]
Japan: Shiseido teams up with Seven & I Holdings to launch new brand
Japanese personal care giant Shiseido and Seven & I Holdings, one of the largest retail groups in Japan, are teaming up to launch a new skin-care brand called Sept Beaute. Aimed at women in their 30s and 40s, Sept Beaute is described as an “aroma body brand” and is designed to offer a pleasant scent […]
USA: NuGo Nutrition acquires Promax Nutrition
US-based health foods firm NuGo Nutrition has expanded its business portfolio by acquiring the Promax brand from Promax Nutrition for an undisclosed amount. The acquisition follows the purchase of Gnu Foods FiberLove in December 2014. Promax Nutrition offers Promax protein bars that claim to be all natural and free from artificial sweetners and gluten, and […]
India: Godrej to expand presence in Africa
Household and personal care firm Godrej is set to expand its presence on the continent of Africa with the acquisition of two haircare firms, according to a report in Progressive Grocer India. The Indian firm, through its Africa-based subsidiary Darling Group, has reportedly acquired 100% of the shares in a company called Hair Credentials Zambia, and […]
India: Colgate to launch herbal toothpaste
In a bid to keep pace with rapidly-expanding ayurvedic specialist Patanjali, health and household care multinational Colgate-Palmolive has announced the launch of a new herbal toothpaste for the Indian market, according to a report in the Economic Times. Colgate Cibaca Vedshakti is said to have been launched in response to a growing preference for products with […]
USA: P&G posts decline in annual net sales
P&G, the multinational healthcare and household firm, has reported earnings of $65.3 billion, a decrease of 8% versus the prior year, for the financial year ending 30th June 2016. The US firm reported a negative six percentage point impact from foreign exchange and a negative two percent from the combined impacts of Venezuela and minor brand divestitures. […]