With corporate buyers closing a number of key deals during the past 12 months, mergers and acquisitions (M&A) continue to boom in the beauty and cosmetics sector. In particular, activity in the mid-market is illustrative of strong interest in fresh challenger brands and new innovations, while growth opportunities available in emerging markets continue to draw the attention of acquisitive companies.
Mergers & Acquisitions: The beauty of investment
Following numerous mergers and acquisitions in the beauty sector over the last 12 months, Gareth Iley, Head of Consumer at Clearwater International, examines current trends and opportunities for mid-market businesses
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Cosmetics Business picks: 11 new beauty launches to know this April
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Finance
Unilever completes $44.8 billion deal to sell food business amid hard pivot towards beauty
The deal will combine Unilever’s food arm, which includes brands such as Hellmann’s mayonnaise and Marmite, with spice maker McCormick & Company’s portfolio, as the British conglomerate doubles down on its focus on beauty and wellness
Fragrance
L’Oréal finalises ‘significant’ €4 billion acquisition of Kering Beauté
The French beauty giant has completed its deal to acquire Kering’s beauty division after securing approval from competition authorities, which includes exclusive 50-year beauty and fragrance licences for Bottega Veneta and Balenciaga