As companies merge, investments from new owners often fuel innovation. These new deals and partnerships are contributing to growth, overall—and helping the beauty and packaging industries prosper.
Whether you're a brand owner, packaging supplier, or ingredient manufacturer—or work with these companies—keeping up with the latest mergers and acquisitions in the beauty industry can be a challenge. We're here to help.
We're compiling a running list below of all the beauty industry mergers & acquisitions of 2024. Keep up with 'who-owns-who' by bookmarking this story to check often for updates. Click through the links to read each story in full.
Beauty Brands Mergers & Acquisitions in 2024
Shiseido Acquires Dr. Dennis Gross Skincare
Shiseido subsidiary, Shiseido Americas Corporation has adopted a resolution to
acquire DDG Skincare Holdings LLC, a company offering dermatologist-led, science-based prestige skincare under the brand Dr. Dennis Gross Skincare. The agreement was signed on December 22, 2023.
Suave Brands Company Acquires ChapStick
Yellow Woods Partners announced that its portfolio company Suave Brands has signed a binding offer to
acquire the ChapStick brand from Haleon. The acquisition is intended to close in the first half of 2024 once regulatory approvals are finalized.
Henkel to Acquire the Greater China Division of Vidal Sassoon
On February 1st, Henkel signed an
agreement to acquire Vidal Sassoon and its related hair care business in Greater China from Procter & Gamble. The Vidal Sassoon portfolio offers shampoos, conditioners, and products dedicated to hair styling and treatments.
Bridgepoint Acquires RoC Skincare
Gryphon Investors
finalized the sale of RoC Skincare to Bridgepoint Europe VII. The announcement was initially made in January, and was closed on February 29th. Financial terms were not disclosed.
Clinical Skin Acquires Glytone
On March 4th, Glytone skincare brand was
acquired by Clinical Skin. Glytone is known for providing dermatological skincare products. Clinical Skin hopes that Glytone can help advance its presence in the cosmeceutical skincare market.
Monogram Capital Partners Owns Most of Tru Beauty & Fragrance
Monogram Capital Partners
acquired the majority of Tru Beauty & Frangrance shares on April 2nd. Monogram will help expand Tru in Canada, Europe, the UK and the U.S. This is Monogram's seventh beauty brand investment within the past five years.
Beauty Supplier Acquisitions & Expansions in 2024
Leste Group Gains Significant Stake in Prestige Cosmetics
On March 5th, Leste Group has
acquired a significant stake in Prestige Cosmetics, a leading distributor of luxury perfumes and cosmetics in Brazil. Leste plans to expand Prestige’s distribution capabilities in North America and other areas around the globe.
Clarient Acquires IFF's Cosmetic Ingredients Business
IFF completed the divestiture of its
Cosmetic Ingredients business to Clariant on April 4th. As a part of Clariant, the business will continue to deliver innovative ingredients for the cosmetic and personal care product portfolio.
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A Recap of the Beauty Mergers & Acquisitions in 2023