Flame Tree Group acquires Kenya's Suzie Beauty

Published: 29-Jan-2016
Colour Cosmetics Finance

Mauritius-based company makes third acquisition in personal care sector

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Mauritian company Flame Tree Group is taking news step into the cosmetics sector by signing an acquisition agreement to buy Kenyan brand Suzie Beauty, for an undisclosed amount.

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Sub-Saharan Africa personal care market comes of age

The country's personal care product sector is growing across the continent, while wealthy South Africa offers rich pickings
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Regional report – Eyes on Africa

Africa\'s middle class has tripled in size in the last 30 years and is driving the continent\'s demand for cosmetics. In Nigeria cosmetics companies are racing for market share. While multinational brands dominate the market in Kenya and Uganda and lack of capacity for local manufacturing remains an issue, local entrepreneurs are outsourcing manufacture and are using unique sales strategies. Meanwhile, South Africa, the continent\'s most mature market, has seen local economic difficulties dampen demand for premium products
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