Beauty Packaging Staff08.24.20
One Ocean Beauty, a sustainable beauty and wellness company, has been acquired by Present Life, a partner of the global investment fund, The Craftory.
Present Life is a new global beauty and wellness company founded by former Coty CEO Camillo Pane.
The acquisition will enable One Ocean Beauty to expand its mission globally through clean, clinically proven and environmentally responsible skincare + wellness.
"We are so proud to join the Present Life team. Our brand ethos, product positioning and commitment to the oceans are well aligned with the Present Life platform. The acquisition will provide the resources and capital to expand the brand through further development of our infrastructure and global presence," said Marcella Cacci, founder & CEO of One Ocean Beauty.
"One Ocean Beauty is a perfect fit for Present Life and reflects our values and ambition, I'm looking forward to supporting Marcella and her team through their next phase of expansion," commented Camillo Pane, executive chairman of Present Life.