International Magazine for Cosmetics and Fragrances
Blueair, a world leader in air purifying solutions with acclaimed leading-edge filtration technologies and design, announced today it has been acquired by Unilever. Blueair founder Bengt Rittri said the acquisition will enable even more people to protect their health by using Blueair air purifiers to remove indoor airborne contaminants such as hazardous PM2.5 sooty particles, … Read more
Scent & Care increased its sales by 22 % (local currency: 27 %) to € 667.8 million (H1 2015: € 546.5 million). The segment benefited in particular from high capacity utilization in its fragrance and cosmetic ingredients activities and from strong demand for menthol. Portfolio effects, such as the integration of Pinova, contributed € 110.5 … Read more
Hallstar, a specialty chemistry company based in Chicago, has acquired bioactive ingredient supplier Oléos. Located in Montpellier, France, Oléos’s proprietary oleo eco-extraction technology produces 100 percent natural, sustainable and clinically proven bioactive compounds for cosmetic applications including anti-aging qualities, dark spot diminishment and skin whitening. “Oléos’s capabilities and technology will enhance Hallstar’s technology platform with … Read more
Innospec Inc. announced that it commits to acquiring the European Personal Care and Home Care business of Huntsman Corp. Based in Belgium with manufacturing sites in France, Italy and Spain, the business employs approximately 430 people and has sales revenue of around $230 million. The deal would significantly expand Innospec’s product line for foaming surfactants for … Read more
L’Oréal has signed a definitive agreement to acquire IT Cosmetics, one of the fastest growing prestige beauty brands in the United States for a cash purchase price of 1.2 billion US dollars. Founded in 2008 by Jamie Kern Lima and Paulo Lima and co-owned by TSG Consumer Partners, IT Cosmetics was developed with plastic surgeons … Read more
Unilever has signed an agreement to purchase Dollar Shave Club. Founded in 2012 and headquartered in Venice, California, Dollar Shave Club (DSC) has grown into a full male grooming business with its lifestyle brand empowering 3.2 million members. In 2015, DSC had turnover of US$152 million and is on track to exceed US$200 million in … Read more
Johnson & Johnson has completed the acquisition of Vogue International, a privately-held company focused on the marketing, development and distribution of salon-influenced and nature inspired hair care and other personal care products, for $3.3 billion in cash. About Johnson & Johnson Johnson & Johnson has approximately 126,500 employees at more than 250 Johnson & Johnson … Read more
Lucas Meyer invests in Bio ForeXtra, a Canada-based R&D laboratory, specialized in the development of active cosmetic and botanical extracts. The investment would expand IFF-LMC’s access to raw materials for its cosmetic actives business. “This investment is aligned with our Vision 2020 business strategy pillar of strengthening and expanding our Portfolio,” said Andreas Fibig, IFF’s … Read more
L’Oréal has submitted a firm offer to Rivadis Group for the acquisition of the Société des Thermes de Saint-Gervais-les-Bains and licence to use the Saint-Gervais Mont-Blanc brand. Based on this offer, the Rivadis Group has granted exclusive negotiation rights to L’Oréal. The Mont Blanc’s pure water is protected by a unique ecosystem. Naturally soothing and … Read more
Croda, the producer of performance ingredients and technologies has acquired the technology portfolio of Inventiva, based in Porto Alegre, Brazil. This transaction, completed by Croda Brazil, adds Inventiva’s encapsulation and delivery system technologies to the company’s already wide range of ingredients for the personal care industry. The acquisition brings with it a suite of market … Read more
L’Oréal has signed an agreement to acquire Atelier Cologne. Launched in 2009 by Sylvie Ganter and Christophe Cervasel, Atelier Cologne specialised in niche perfumery sold in selected retailers, will join L’Oréal’s prestigious brand portfolio. "Alternative perfumery is currently a high-growth segment. We are delighted to welcome the perfume House Atelier Cologne within L’Oréal Luxe. Thanks … Read more
Shiseido Group announced that Beauté Prestige International S.A. (BPI), which is in charge of the fragrance business of Shiseido Group EMEA (Europe, Middle East and Africa), has signed an exclusive global license agreement with Dolce & Gabbana, the owner of the Italian luxury fashion brand, regarding the development, manufacturing and distribution of its fragrance, makeup … Read more
3i Group, and funds managed by 3i, have sold Geka Holding GmbH, to Sulzer Ltd, a Swiss company, specialising in pumping solutions, rotating equipment services, and separation and mixing technology. Total proceeds of €178m to 3i and funds managed by 3i represent a 1.8x euro money multiple. Proceeds to 3i from today’s transaction will be … Read more
Givaudan announced a newly expanded collaboration with the industrial bioscience company Amyris in the research, development and production of active cosmetic ingredients. The companies anticipate that the launch of target products in the coming years will demonstrate significant performance, cost and sustainability advantages over existing ingredients. Givaudan has been engaged in the research and development … Read more
Geotech International, the Dutch based global supplier of special effect pigments, has acquired Paillettes et Pigments (PEP), a French supplier of special effect pigments. The special effect pigments of PEP are widely adopted in the cosmetic, plastic and coating industry. Their pearlescent pigments and glitter are being used for over two decades in especially colour … Read more
Counter Brands, parent company of Beautycounter, a supplier of skin care and cosmetics, has acquired the worldwide assets of Nude Skincare and Nude Brands. Founded by Ali Hewson, Nude’s line of natural, high performance beauty products was previously part of the LVMH portfolio. Under Counter Brands leadership, the two brands will now grow the Beautycounter … Read more
Henkel has acquired all shares in the laundry and home care company The Sun Products Corporation, based in Wilton, Connecticut, USA, from a fund of Vestar Capital Partners. The transaction is valued at around 3.2 billion euros (3.6 billion US dollars) including debt. “This transaction is a major strategic move for Henkel. North America is … Read more
Revlon and Elizabeth Arden have signed a definitive agreement under which Revlon will acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an enterprise value for Elizabeth Arden of approximately $870 million. By bringing together two highly complementary brand portfolios, Revlon will benefit from greater scale, an expanded … Read more
The beauty market fell by 0.2% in 2015, the first decline in the market since Mintel began reporting on the industry in its entirety in the annual British Lifestyles reports*. New research from Mintel* finds that certain markets are flourishing as a result of the UK’s two-track recovery. Indeed, as higher earners are feeling better-off, … Read more
Shiseido Americas, a subsidiary of Shiseido Company, has signed a definitive agreement with Alticor to acquire its wholly-owned subsidiary Gurwitch Products, a marketer of global prestige cosmetics and skin care brands. Annual net sales for Gurwitch totaled $175 million in the fiscal year ending 2015. Under the terms of the agreement, Shiseido Americas will acquire … Read more