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Interparfums announced the execution of an agreement to sell the Nickel men's care brand to L'Oréal.
Concurrent with this new investment, Colin Walsh, formerly of Matrix, has been named president of DevaCurl.
The company is selling its Soft & Beautiful, TCB and Pro-Line Comb-Thru hair care brands to Strength of Nature for an undisclosed amount.
As professional skin care brands get snapped up by multinationals, is there a pattern to where the M&A activity might go next?
The combined companies would become the No. 2 perfumery retailer in France.
Inter Parfums USA, LLC entered into an agreement to acquire certain assets of the fragrance division of Oscar de la Renta, LLC, and the firms also entered into a licensing agreement for Inter Parfums to create, produce and distribute perfumes and cosmetics under the Oscar de la Renta brand.
The company is aiming to strengthen its presence in the professional skin care arena.
The move helps extend The Body Shop into the Brazilian marketplace through collaborative growth with Emporio Body Store.
This acquisition expands Revlon’s geographic scope with approximately 50% of the acquired business’s net sales in Europe, Middle East and Africa, and approximately 40% in the U.S.
The company has 60 days to perform its due diligence and review the line of products as well as any intellectual property including any patents or patent pendings that may come with the acquisition.