Deals
Karo has come to an agreement with the Norwegian Competition Authority to sell its Locobase skin care brand to allay competition concerns in the Nordic region.
Henkel Corp. plans to purchase DeMert Brands, owner of Not Your Mother’s hair care brand, from Main Post Partners for an undisclosed price, while KYT Group is purchasing Glo Skin Beauty and Aveeno has entered into a three-year collaboration with the Mayo Clinic; Beauty Deals Roundup
The Estee Lauder Companies Inc. plans to acquire New Delhi-based luxury Ayurvedic beauty brand Forest Essentials in a transaction subject to regulatory approvals and that is expected to close in the second half of the year.
Kenvue’s full-year net sales 2.1% dip to $6.38bn came largely on a 2.2% organic sales decline driven by a 2.3% volume decrease but slightly offset by 0.2% foreign currency benefit.
Both companies announced that during special meetings on Jan. 29, their shareholders voted nearly unanimous support for Kimberly-Clark’s $48.7bn acquisition proposed in November at $3.50 per share plus 0.14625 share for each Kenvue share.
Yellow Wood Partners LLC announces the merger of two of its portfolio companies, Suave Brands Company and Elida Beauty, to expand the reach of its brands to consumers and retailers.
Swiss firm DSM-Firmenich and South Korean firm ASTech sign memorandum of understanding to strengthen the firms’ global market share in UV filter ingredients. Separately, French fragrance company MANE buys Belgian biotech firm.
Coty Inc. plans to pay down debt with proceeds from its planned sale of its remaining 25.8% stake in hair care business Wella to KKR & Co. Inc. managed capital accounts. Separately, L’Oréal increases its 10% stake in Galderma to 20%.
Middle- and low-income US consumers are more thoroughly scrutinizing discretionary purchases, boosting mass market beauty sales in 2025 and prompting beauty companies to reposition their portfolios through reformulation, price reductions and packaging changes, says Capstone Partners.
The Organic Consumer Group has bolstered its offering in Europe's beauty market with the acquisition of Denmark's Hairlust, known for its innovative haircare products.
A rising demand for eco-certified skin care products attracted Archimed to invest in Denmark's DermaPharm, which markets the Avivir and DermaKnowlogy brands.
21 Invest-backed Omega Pharma bolsters portfolio through acquisition of Cieffe Derma and its skin-care focused dietary supplements and topical products.
KKR has handed control of its Perrigo Dermacosmetics acquisition to Karo Healthcare after identifying the Swedish firm as the "ideal strategic partner" for the business.
New York-based Interparfums has signed a deal with Parisian firm Longchamp – known for its leather goods – for the creation and distribution of fragrance lines.
Illinois-based Ulta Beauty, Inc. acquires leading British beauty retailer SpaceNk from Manzanita Capital for an undisclosed price. Unilever PLC purchases Dr. Squatch personal care from Summit Partners.
Middle-market beauty deals, which are defined as those with targets of $10m to $100m worth of enterprise value, are driving transaction momentum year-to-date that is in-line with levels during the same period last year, according to Capstone Partners’ Consumer Investment Banking Group.
Perrigo stands to gain up to €327m with sale of brands such as ACO and Emolium to KKR.
L’Oréal has signed an agreement to acquire the Color Wow professional styling brand for an undisclosed price.
L’Oréal SA and NVIDIA Corp. are collaborating to unlock AI’s potential access across beauty, including innovation, scalability, and personalized marketing, the French beauty firm and the tech company announced during the Viva Technology show in Paris.
Lisa Sequino returns to Estee Lauder to lead the strategic direction and global growth of its makeup brands. Church & Dwight has signed up two-time Olympic Gymnast Jordan Chiles as an ambassador for its Hero Cosmetics skincare brand. Plus more beauty news in brief.