SC Johnson has inked its second sunscreen deal of 2019.
According to WWD, the company is now a majority investor in sun care company Coola. This follows SC Johnson's purchase of Sun Bum earlier in 2019.
According to the article, Coola has about $30 million in sales and is currently retailed at Sephora, Nordstrom and Amazon.
The terms of the deal were not disclosed.
For the full article, please visit www.wwd.com.