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Acquiring Tag

6 Aug

Kao Is Acquiring Australian Sun Care Brand Bondi Sands

by Beautifaire101
Beauty, Featured
Kao Is Acquiring Australian Sun Care Brand Bondi Sands
PARIS — Kao Corp. has signed an agreement to accumulate Australian sun care brand Bondi Sands, as the sweetness category heats up. The Japanese beauty giant and owner of brands including John Frieda, Jergens, Curéal and Bioré is making the acquisition of Bondi Sands Australia Pty. Ltd., and related Bondi Sands firms, through Kao’s wholly owned subsidiaries Kao Australia Pty. Ltd. and Kao USA Inc. Financial terms of the acquisition weren't disclosed. The deal dovetails with Kao’s technique to make skincare one in all its key growth drivers within the midterm. Sun care is a beauty category in high demand — and growing swiftly — today, due partially to global warming. The sun care market is estimated to achieve $14.54 billion in 2023, up 8.8...
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21 Jun

Banijay Acquiring Balich Wonder Studio

by Beauty Tips
Fashion, Featured
Banijay Acquiring Balich Wonder Studio
ENTERTAINMENT DEAL: Content group Banijay has signed an agreement to amass a majority stake in live entertainment player Balich Wonder Studio, which is predicted to guide to a number one global media and entertainment company. Banijay is home to greater than 130 production firms across 21 territories, and a multigenre catalogue boasting greater than 160,000 hours of original programming. The group represents a number of the biggest global brands out there including “Survivor,” “Big Brother,” “Peaky Blinders,” “MasterChef” and “Mr. Bean,” to call a couple of. The corporate was launched in 2008 and is led by chief executive officer Marco Bassetti. “Complementary to us in its ambition and entrepreneurialism, Balich has risen to be top of its game within the live-event space, and via this...
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25 May

Permira Acquiring Majority Stake in Gruppo Florence

by Beauty Tips
Fashion, Featured
Permira Acquiring Majority Stake in Gruppo Florence
MILAN — Private equity firm Permira is acquiring a majority stake in Gruppo Florence from existing shareholders VAM Investments, Fondo Italiano d’Investimento, Italmobiliare, and Gruppo Florence’s entrepreneurs. The entrepreneurs, the management team and VAM Investments will reinvest a good portion of their proceeds and can remain committed to the project. Fondo Italiano d’Investimento may also retain a minority stake. Attila Kiss will proceed to guide Gruppo Florence as chief executive officer and Francesco Trapani will retain his role as chairman. Financial terms of the deal weren't disclosed. As reported, speculation a few possible Permira interest in Gruppo Florence had been circulating for months. “Our industrial project involves significant investments in training, revolutionary digital tools, research on sustainable production processes, and qualified management for...
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