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Alberto-Culver Acquires Salon Success
Posted: June 22, 2006Alberto-Culver Company announced that its Beauty Systems Group (BSG) completed the acquisition of Salon Success, a full service distributor of professional beauty products headquartered in the UK. Salon Success generates annual sales of approximately $30 million and possesses Paul Mitchell distribution rights in much of Europe and parts of the U.S.
"We believe that Salon Success represents a unique opportunity for BSG to not only move into Europe and new territories within the United States, but to gain a business that is a leader in developing and implementing new and innovative industry practices," said Gary Winterhalter, president, Sally Beauty Company.