M&A

Henkel to acquire Olaplex

Henkel has acquired haircare brand Olaplex for $1.4bn.

Advent International to acquire Salt & Stone

Advent International is to acquire a majority stake in US-based bodycare brand Salt & Stone.

Reliance Retail Limited acquires skincare brand

Reliance Retail Limited has acquired skincare brand Pahadi Local.

Lifestyle Fund II acquires majority stake in Les Secrets de Loly

Private equity vehicle Lifestyle Fund II has acquired a majority stake in French haircare brand Les Secrets de Loly.

Henkel to acquire haircare brand Not Your Mother’s

Henkel is to acquire Not Your Mother’s from private equity investor Main Post Partners.

ELC to acquire remaining stake in India’s Forest Essentials

The Estée Lauder Companies is to acquire the remaining stake in Indian beauty brand Forest Essentials.

KYT Group acquires Glo Skin Beauty

Investment firm KYT Group has acquired US-based skincare brand Glo Skin Beauty.

RoundTable Healthcare Partners acquires Colorescience

Private equity firm RoundTable Healthcare Partners has acquired skincare and sunscreen brand Colorescience.

Cosnova acquires Niche Beauty Lab

German beauty company cosnova has acquired Spanish skincare company Niche Beauty Lab.

Eurazeo to sell stake in Ex Nihilo to L Catterton

Investment company Eurazeo is to sell its minority stake in Ex Nihilo to private equity firm L Catterton.

Suave Brands Company and Elida Beauty merge

Suave Brands Company and Elida Beauty have merged to create Evermark.

LVMH to sell DFS’ Hong Kong and Macau business to China Tourism Group Duty Free

LVMH is to sell travel retailer DFS’ Hong Kong and Macau business to Beijing-based China Tourism Group Duty Free (CTG Duty-Free).

Henkel said to have submitted takeover bid for Olaplex

Henkel AG is said to have submitted a takeover bid for haircare company Olaplex Holdings.

Natura concludes the sale of Avon International

Brazil’s Natura Cosméticos closed the sale of the Avon International business to Regent LP

Coty sells remaining stake in Wella to KKR

L’Oréal takes an additional 10% stake in Galderma Group

L’Oréal has acquired an additional 10% in dermatology company Galderma Group

Estée Lauder Companies buys stake in fragrance brand XINÚ

Estée Lauder Companies (ELC) has made a minority investment in Mexican luxury fragrance brand

Vranjes Firenze acquires 51% stake in Integra Fragrances

Florentine home fragrance brand Vranjes Firenze, part of the L’Occitane Group, has acquired a 51% stake

Kimberly-Clark to acquire Kenvue

Kimberly-Clark Corporation is to acquire Kenvue for $48.7bn

China’s Joy Group acquires haircare brand Foltène

Chinese beauty company Joy Group has completed its acquisition of Italian haircare brand Foltène.