gci

Current cover

The Hut Group Acquires Acheson & Acheson

Contact Author
Close
Fill out my online form.

The Hut Group (THG) has acquired British skin care creator and manufacturer Acheson & Acheson, reports Reuters.

Founded in 1992, Acheson & Acheson also makes hair care products. It owns the skin care brand Ameliorate, which is carried by Selfridges, Boots, Harvey Nichols and Marks & Spencer.

Though the company did not disclose the value of the deal, Sky News reported it would be worth between £50-100 million ($64.54 million-$129.07 million).

THG has made numerous acquisitions over the last few years, including Glossybox, ESPA and Eyeko.

Related: The Hut Group Secures $1 Billion for Acquisitions