The consumer goods company announced the pending deal this week, giving a clear indication that Unilever is still shifting its brand portfolio more heavily toward personal care and beauty.
Japanese private investment fund, Ant Bridge, has acquired a 100% stake in Japan-based cosmetic producer Kagayaku Cosmetics (previously-named Sojitz Cosmetics).
It’s all about organic beauty these days, and UK investment firm Permira is buying into the trend, having acquired a majority stake in John Masters Organics (JMO).
Henkel and Coty have made billion dollar bids to buy separate parts of Procter & Gamble’s beauty businesses, as the consumer goods giant looks to divest some of its cosmetics brands as it looks to better align its portfolio.
LiquiGlide, the company behind the packaging dispensing innovation of the same name, says it has been given a boost after securing a private equity investment of $7 million.