L’Oréal Sets Sights on Armani’s Lucrative Beauty Business L’Oréal, the renowned French beauty conglomerate, has recently made headlines by emerging as one of the top contenders for a stake in Giorgio Armani. The luxury fashion house, founded by the iconic designer of the same name, has attracted significant interest for its potential stake sale of […]
Pfizer to Buy Metsera for $4.9 Billion in Obesity Drug Bet
Pfizer to Buy Metsera for $4.9 Billion in Obesity Drug Bet In a strategic move to revamp its position in the obesity drug market, pharmaceutical giant Pfizer Inc. has announced its acquisition of the startup company Metsera Inc. The deal, valued at a substantial $4.9 billion, signifies Pfizer’s commitment to gaining ground in the highly […]
Natura Reaches Deal to Sell Avon’s Central American Operations
Natura Reaches Deal to Sell Avon’s Central American Operations In a strategic move to streamline its operations and focus on core markets, Brazilian beauty powerhouse Natura has recently announced a significant deal. The company has agreed to sell Avon’s Central American operations to Grupo PDC, a consumer goods company, for a substantial sum of $22 […]
Cos Bar Acquired by Private Investment Firm
Cos Bar Acquired by Private Investment Firm Cos Bar, the renowned high-end specialty retailer, has recently made headlines in the business world by being acquired by the US investment firm, the Mitchell Family Office. This investment firm was founded by the esteemed serial healthcare entrepreneur Mark Mitchell, adding an exciting new chapter to the Cos […]
Nudestix Acquired by Undisclosed US Firm
Nudestix Acquired by Undisclosed US Firm In a strategic move shrouded in mystery, Canadian makeup label Nudestix has been acquired by an undisclosed US firm. While the new owner remains unnamed, the implications of this acquisition are already sparking curiosity and excitement within the beauty industry. Nudestix, known for its innovative approach to makeup and […]
Byoma Acquired by Bansk Group
Byoma Acquired by Bansk Group In the fast-paced world of skincare, staying on top of trends and customer demands is crucial for success. The recent acquisition of Byoma by Bansk Group is a strategic move that not only solidifies Bansk’s position in the beauty industry but also opens up new possibilities for the viral skincare […]
KKR Buys South Korea’s Samhwa in $528 Million Deal
KKR Buys South Korea’s Samhwa in $528 Million Deal In a strategic move that underscores the growing prominence of South Korea’s cosmetics industry on the global stage, KKR, a leading global investment firm, has recently acquired Samhwa Paints Industrial Co. in a deal worth $528 million. This acquisition not only signifies KKR’s confidence in Samhwa’s […]
Heritage Fashion Brand Belstaff Bought by British Sportswear Group Castore
Heritage Fashion Brand Belstaff Bought by British Sportswear Group Castore Belstaff, the iconic heritage fashion brand known for its timeless motorcycle gear, has found a new home under the ownership of the British sportswear group Castore. This acquisition comes on the heels of billionaire Sir Jim Ratcliffe’s Ineos purchasing the struggling brand for an undisclosed […]
UK Luggage Brand Antler Acquires Paravel in Liquidation Sale
UK Luggage Brand Antler Acquires Paravel in Liquidation Sale In a strategic move to fortify its position in the competitive luggage market, UK-based brand Antler has made waves by acquiring Paravel in a liquidation sale. As a company under the umbrella of Strandbags, this acquisition marks a significant step towards expanding Antler’s global portfolio and […]
Quantum computing firm strengthens European presence
Quantum Computing Firm Strengthens European Presence Strangeworks, a prominent player in the quantum computing industry, has made a strategic move to bolster its presence in Europe. The company recently announced its acquisition of the German firm Quantagonia, a bold step towards expanding its operations across the continent. This acquisition not only signifies Strangeworks’ commitment to […]