Stake – Page 4 – Beautifaire

11 Apr

Courtin Family Takes A Majority Stake in Pai Skincare:

PARIS — Famille C Participations, the Courtin family’s holding company, has taken a majority stake in Pai Skincare to assist step up the brand’s growth and switch it into selective distribution’s clean skincare leader. In April 2021, Famille C Participations purchased a minority stake in Pai, leading its $9 million Series B investment round. Financial terms of essentially the most recent investment weren't disclosed. “It’s time for Pai to speed up in its country of origin, which is the U.K., and to develop in Europe,” said Prisca Courtin, chief executive officer of Famille C Participations. She is a member of the Courtin family, which founded and owns beauty giant Groupe Clarins. Sarah Brown established Pai Skincare, which is certified organic, vegan and cruelty-free, in...

0 Comments

5 Apr

MinervaHub Sells Majority Stake to San Quirico

by Beauty Tips

Fashion, Featured

MinervaHub Sells Majority Stake to San Quirico

MILAN — MinervaHub has a recent majority shareholder. Investment holding San Quirico SpA has acquired 75 percent stake of MinervaHub, which was established last 12 months to guard a lot of Italian manufacturers within the country’s supply chain that help create garments and accessories. The remaining 25 percent stake stays within the hands of one in every of the sellers, Xenon Private Equity, with other coinvestors that include Matteo Marzotto. The Italian entrepreneur maintains his role as president of MinervaHub, which reports sales of greater than 170 million euros, has a portfolio of greater than 1,000 clients, of that are 20 among the many principal luxury brands, and 700-plus employees. Matteo Marzotto touted the stance of an investor corresponding to San Quirico, which has...

0 Comments

9 Jan

L’Oréal Takes Stake in Korean Temporary Tattoo-Maker – WWD

by Beautifaire101

Beauty, Featured

L’Oréal Takes Stake in Korean Temporary Tattoo-Maker – WWD

PARIS – L’Oréal has taken a minority stake in temporary tattoo-maker Prinker Korea Inc. The world’s largest beauty company said in a press release Monday that the investment into the South Korea-based company was made through the company enterprise fund BOLD Business Opportunities for L’Oréal Development. Financial terms of the deal weren't disclosed. Prinker Korea, which launched in 2015, invented and manufacturers the world’s first digital temporary tattoo device “with a goal to encourage consumers and offer recent tools for self-expression,” in response to L’Oréal. Prinker’s temporary tattoo device is compact and lightweight, enabling the creation of durable yet easy-to-wash-off tattoos in color or black-and-white, at home or in store. On the Prinker app, it’s possible to decide on a tattoo from amongst greater than...

0 Comments

28 Dec

L’Oréal Takes Minority Stake in French Biotech Company Microphyt

by Beautifaire101

Beauty, Featured

L’Oréal Takes Minority Stake in French Biotech Company Microphyt

PARIS — L’Oréal is expanding its reach into the green sciences by taking a minority stake in Microphyt, a French biotech company, to develop recent cosmetic solutions. The investment was made through Business Opportunities for L’Oréal Development, or BOLD, the group’s enterprise capital fund. L’Oréal and Microphyt are starting to work together on progressive lively ingredients to open recent beauty territories, based on Anne Colonna, head of advanced research at L’Oréal. “We're going to put all of the progressive power of Microphyt, including the actives they have already got, with all the ability of L’Oréal to judge each the efficacy and the security, and to formulate,” she said. “We actually need to synergize to go one step further.” One other goal with the partnership...

0 Comments