An international private equity firm has purchased a majority stake in cosmetics packaging supplier Geka, providing the brush maker with the financial backing it needs to continue its international expansion.
In a bid to extend its position in emerging markets, Symrise has recently finalized two acquisitions, the Brazilian activities of fragrance manufacturer Belmay and natural perfume oil company, Trilogy Fragrances.
Market research firm Global Industry Analysts (GIA) has predicted the global personal care products market to reach $333bn by 2015, driven by increasing product innovations, growing disposable incomes and better market penetration.
The unstable economic environment, particularly in Europe, has taken its toll on the consumer packaging business, with beauty packaging being one of the worst hit, according to global packaging supplier MWV.
Marico, one of India's leading Consumer Products & Services Groups in the Beauty and Wellness space, will acquire Set Wet, Livon, Zatak and certain other Personal Care brands currently owned by Reckitt Benckiser, as it looks to expand its men’s...