Henkel, the Germany-based personal and household care giant, has announced it has entered into an agreement to sell its Retailer Brands business in North America to an affiliate of First Quality Enterprises, a manufacturer and distributor of hygiene, paper, and packaging products. Henkel said it deemed the Retailer Brands business non-core within the Consumer Brands unit due to restricted opportunities for synergy and its “misalignment” with the integrated Consumer Brands …
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Henkel
Henkel, the Germany-based personal and household care giant, has officially inaugurated a new research & development (R&D) centre in Shanghai, China to serve the Asian market. The facility will draw on insights from 11 markets and aims to facilitate flexible product innovation for brands such as Schwarzkopf and Syoss. Covering an area of more than 2,500 sq m, the hub includes functions such as consumer insights, technology research, product formulation development, packaging design, …
German household and personal care giant Henkel has announced the merger of its Laundry & Home Care and Beauty Care businesses into one unit, in a press release reporting its annual results and growth agenda. According to Henkel, the new Henkel Consumer Brands business unit will create a ‘multi-category platform’ for the consumer business under one roof. The integration is said to have already started, by having talks with employee …
German company Henkel has announced the acquisition of Swania SAS, a household care supplier based in France. The acquisition will allow Henkel to strengthen its position in the detergents and cleaning products market committed to limiting the impact on the environment. Swania is a French ecological home care company which portfolio includes Maison Verte a brand with detergents and household care products certified with the Ecolabel. Chairman of the Henkel …
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 beauty care products that support clean beauty and sustainability. Carsten Knobel, Henkel CEO, said: “As …
Henkel, the German household and personal care giant, is launching a new line of natural toiletries under the brand name Nature Box, according to a Lebensmittel Zeitung report. The new brand range, which comprises both haircare and skincare products, is designed to “appeal to a new audience, reinvigorate the category and become an important pillar within our personal care business”, the company is quoted as saying. Leading retailer DM currently …
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 brands Moco De Gorila, Funk and Punky Junky and shampoo and conditioner brand NatturaLabs Linea …
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 grew by 7.1%. The positive effect from acquisitions and divestments amounted to 4.0%, mainly as …
Germany-based household and personal care firm Henkel has announced the closing of the acquisition of Sun Products on September 1st 2016. The initial agreement to purchase all shares was signed in late June for $3.6 billion including debt. The purchase of the US-based company includes brands such as All laundry detergent, stain removers and fabric softeners and Sun laundry and dish detergents, as well as fabric softener label Snuggle. Sun …
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 distribution, both domestically throughout the US and globally in 38 countries. Vogue’s branded products include the …
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