L’Oréal has completed the acquisition
of German natural beauty
company Logocos Naturkosmetik
AG, after obtaining the
necessary authorizations from authorities. The intention to buy was
announced on Aug. 1. Terms of the deal were not disclosed.
Walgreens has taken a minority stake in beauty-in-a-box startup
Birchbox, a move that will include the building of Birchbox experiences
inside Walgreens’ stores for customers to shop and sample
an assortment of 40 cosmetic brands such as Sand & Sky, Wander
42 Spray December 2018
Beauty, Beachwaver, RMS
Beauty, Huxley, Davroe,
Acure, IPKN, Embryolisse,
Winky Lux and ARROW. Terms of the deal were not disclosed.
The rollout will begin in six Walgreens stores in Chicago, Los Angeles,
New York City and Minneapolis this December. Five more
will roll out in Chicago, Dallas, Los Angeles and Miami in early
2019. The Walgreens Birchbox areas will also offer subscriptions
to Birchbox’s monthly delivery service and a “Build Your Own
Birchbox” experience.
Sally Beauty Holdings, Inc. announced its salon-focused Beauty
Systems Group has signed a distribution agreement with Pravana.
Beauty Systems Group will sell the Pravana brand through its CosmoProf
and Armstrong McCall stores in the U.S. starting the first
quarter of 2019. Pravana is owned by Henkel.
Shiseido Asia Pacific Pte. Ltd. has created a joint venture with Singapore
based Luxasia Partners Pte. Ltd. Called Shiseido Philippines
Corp., the venture is designed to strengthen Shiseido’s personal care
business in the Philippines. Operations will begin in July 2019, and
Shiseido Asia Pacific will hold a majority stake in the company.
Givaudan has completed the
acquisition of Naturex, which
will complement Givaudan’s
capabilities in the personal care, food and beverage and nutrition
and health sectors with plant extracts and natural ingredients. The
acquisition is part of Givaudan’s 2020 ambition to grow responsibly
and eco-efficiently.
AkzoNobel Specialty Chemicals has been
rebranded as Nouryon. The move follows
the recent acquisition of the business by
The Carlyle Group and
marks the company’s
transition to becoming an
independent, global specialty
chemicals company. The name and brand identity
reflect a 400-year heritage with founding company
Noury & Van der Lande. Charles Shaver will serve
as Nouryon’s CEO.
Aptar Beauty + Home
has partnered with Beauty
Media Group (IBMG) to
launch Uplink, a multimedia
platform that helps indie
brands find suppliers. Aptar
is the first global dispensing
manufacturer to partner with IBMG Group for this resource.
Uplink provides a directory of suppliers and solution providers for
brands where they can submit quote requests or contact suppliers
directly for more information.
CPL Aromas has purchased Barcelona-based company dM
fragrances, which will establish a new full-service operation for
CPL in the European Union and create additional sales avenues
in the Middle East and Africa. Terms of the acquisition were not
revealed. Amalia Rubio will continue to serve as GM of the family
business, also known as Bastet.
Lubrizol Corp. has selected Essential Ingredients to exclusively
distribute its Personal Care and Home Care products in the U.S.,
now including Essential Ingredients’ Active Organics botanical
extracts. Essential Ingredients has been a Lubrizol distributor
since 1997.
Univar, Inc. is acquiring Nexeo Solutions, Inc. in a cash and
stock transaction valued at approximately $2 billion. Univar’s
e-commerce and digital capabilities will be integrated into Nexeo’s
financial systems and centralized ERP platform to accelerate a
digital transformation already underway at Univar. This will reduce
costs while enhancing business dealings. Univar has hired an
external advisor to evaluate strategies for Nexeo’s Plastics business,
including a potential divestiture of the business.
IMCD N.V. has acquired 100% of the outstanding shares of
Velox GmbH, a group of companies based in Hamburg, Germany
that distributes specialties for the plastics, composites, additives,
rubber, paints and coatings industries. Terms of the deal were not
disclosed.
Mergers & Acquistions
Shaver