Shiseido Wraps Sale Of BareMinerals, Laura Mercier For $700m, With Eye On Skin-Care Future
Private equity firm Advent International Corp. closes its acquisition of Shiseido brands bareMinerals, BUXOM and Laura Mercier through its newly launched Orveon beauty business, the Boston firm announces. Orveon plans to invest in innovation, entry in new markets, and possible additional brand acquisitions as it builds a beauty portfolio grounded in “skin health and overall wellness.”