Acquires – Page 5 – Beautifaire

10 Jan

GPA Global Acquires Luxury Packaging-maker Cosfibel – WWD

PARIS — American packaging manufacturer GPA Global said Tuesday that it has acquired Cosfibel Group, a France-based maker of luxury promotional packaging, luxury gifting and merchandising solutions. Financial terms of the deal, which supplies GPA a robust European footprint, weren't disclosed. “This latest acquisition sees GPA further establish itself as a world leader in luxury packaging and advances GPA’s goal of growing nearshore and onshore manufacturing capabilities,” the group said in an announcement. Cosfibel, which was founded by Alain Chevassus, has key manufacturing plants in Spain, Portugal and Belgium. The group works with corporations including L’Oréal, Chanel, LVMH Moët Hennessy Louis Vuitton, Rémy Martin, Ladurée and greater than 70 global brands. Cosfibel has service centers in 16 locations and works vertically in sectors reminiscent...

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24 Dec

The Estée Lauder Cos. Acquires Tom Ford – WWD

by Beautifaire101

Beauty, Featured

The Estée Lauder Cos. Acquires Tom Ford – WWD

In November, The Estée Lauder Cos. became the brand new owner of Tom Ford, marking the beauty giant’s first enterprise into the style world and its biggest deal ever. The acquisition also paved the best way for the enduring designer to potentially exit the industry. Paying $2.3 billion to accumulate the posh fashion, beauty and eyewear brand, Lauder outbid rival Kering, which was reported earlier that month to be a front-runner for the corporate. As a part of the deal, Ermenegildo Zegna Group and Marcolin SpA entered into long-term license agreements for Tom Ford fashion and Tom Ford eyewear, respectively. Marcolin has been the eyewear licensee since 2005, while Zegna has had the license for Tom Ford menswear since around 2006. Now, it’s chargeable for all of Tom Ford’s fashion business, marking...

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23 Dec

Bernard Arnault Acquires Storied Leonardo Da Vinci’s Residence, Vineyard

by Beauty Tips

Fashion, Featured

Bernard Arnault Acquires Storied Leonardo Da Vinci’s Residence, Vineyard

LUXURY LEONARDO: Leonardo Da Vinci’s vineyard and former residence in Milan’s city center has a latest luxury mogul owner, one who knows a thing or two about winemaking. In line with press reports, industry titan Bernard Arnault, the chairman and chief executive officer of LVMH Moët Hennessy Louis Vuitton, has bought a storied constructing often known as Casa Degli Atellani in Milan from its previous owners, the descendants of the Conti and Portaluppi families. The worth of the transaction or the aim of the acquisition weren't disclosed and LVMH representatives didn't reply to requests for comment Friday. Built around 1490, the landmark was donated by Ludovico “Il Moro” Duke of Milan to Da Vinci in 1498 while he was on the town to color his masterpiece “The Last...

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18 Dec

Beiersdorf Acquires Majority Stake in Skin Microbiome Specialist –

by Beautifaire101

Beauty, Featured

Beiersdorf Acquires Majority Stake in Skin Microbiome Specialist –

PARIS — Beiersdorf AG is expanding its knowledge of the skin’s microbiome with the acquisition of S-Biomedic NV. The German maker of Nivea, La Prairie and Tesa products said Friday that it has purchased a majority stake within the Belgian life-science company, which is touted as a pioneer in skin microbiome research field. Financial terms of the deal weren't disclosed. In an announcement released Friday, Beiersdorf described the microbiome as offering “unique starting points for break-through skincare innovations.” Over the past few years, beauty corporations have increasingly turned toward skin’s microbiome, where billions of bacteria live, as a key factor for skin health. Their research and development has resulted within the creation of latest products made to assist balance the microbiome which, when it’s...

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