USA: L’Oreal acquires IT Cosmetics
L’Oreal, the French cosmetics giant, has announced the signing of a definitive agreement to acquire US firm IT Cosmetics for $1.2 billion in what is the firm’s largest acquisition in eight years. According to L’Oreal, IT Cosmetics is one of the fastest growing prestige beauty brands in the United States, offering more than 300 high-performance […]
USA: P&G to relinquish multiple personal care brands
P&G, the leading FMCG multinational, has confirmed the 43 health and beauty brands it is selling to cosmetics firm Coty, according to a report in Cosmetics Business. The sale will affect brands in professional hair care, retail hair care, fragrances and cosmetics. Some of the larger brands being divested are Nice N’ Easy hair colour, […]
USA: Unilever acquires Dollar Shave Club
Multinational consumer goods company Unilever has announced that it will acquire Dollar Shave Club, a manufacturer of male grooming products. According to Forbes, Unilever will pay $1 billion in cash for the US razor company, which offers direct-to-consumer monthly subscriptions of inexpensive razors, aiming to eliminate the overheads of bricks and mortar stores and pass the […]
France: L’Oreal in talks to acquire Thermes de Saint-Gervais-les-Bains
Personal care giant L’Oreal has announced that it is in exclusive talks to acquire the Thermes de Saint-Gervais-les-Bains brand of spa-style toiletries from fellow French firm Groupe Rivadis. L’Oreal said it had submitted a firm offer to Rivadis Group for the acquisition of the business as well as the licence to use the Saint-Gervais Mont-Blanc brand. According […]
France: Lea Nature to open new facility
Lea Nature, the leading French natural products firm, has announced that it is to open a new production facility near to its base in La Rochelle. The plant will be located at a site previously owned by automotive firm Delphi in the town of Perigny, Charente-Maritime. According to Lea Nature, the new site will be […]
USA: Revlon to acquire Elizabeth Arden in $870 million deal
US-based cosmetics firm Revlon has announced that it has signed a definitive agreement to acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an approximate enterprise value for Elizabeth Arden of $870 million. By bringing together two “highly complementary, iconic brand portfolios”, Revlon said it would benefit from greater scale, […]
USA: Johnson & Johnson to acquire Vogue International
Johnson & Johnson has announced the acquisition of Vogue International, an American manufacturer and distributor of hair care and personal care products, for $3.3 billion in cash. A deal for Vogue was first mooted at the end of May. The acquisition will add brands such as OGX shampoos, conditioners, treatments and styling products, the FX […]
Gama Innovation Award: Kao Essential Refill Pack
Gama Innovation Award – Packaging MANCHESTER – 30th May 2016: Addressing environmental concerns while also offering the appeal of convenience, Kao Essential Refill Pack is May’s recipient of the Gama Innovation Award – Packaging. Named the Raku Raku Pack (‘Easy Easy Pack’), the new pouch for health & beauty manufacturer Kao’s Essential line of haircare products is designed to take the inconvenience, waste […]
USA: Unilever, Henkel and L’Oreal among bidders for Vogue International – reports
Leading FMCG multinationals Unilever, Henkel and L’Oreal are among the first-round bidders for US haircare firm Vogue International, according to sources quoted in a Reuters article. Founded in 1987 and headquartered in Clearwater, Florida, Vogue International sells and distributes hair care and other personal care products to to major retailers, primarily through the food, pharmacy and mass channels of […]
Canada: Hempco Superfoods launches Planet Hemp brand
Canadian hemp specialist Hempco Superfoods has announced the launch of its new Planet Hemp brand, consisting of hemp oil, seeds, superfoods, supergreens and snacks. According to an article in New Food Magazine, Planet Hemp is the company’s first retail brand and “is presented in clean and distinctive packaging, designed to reflect the natural, organic and […]