USA: Target launches budget Dealworthy private label
US retailer Target has announced the launch of Dealworthy, a new private label range of home and personal care items that promises to offer a range of products at low prices with no compromise on quality. According to the retailer, the new line features 400 everyday items such as paper towels, body wash, laundry detergent […]
USA: Windsong Global acquires JVN Hair and Pipette under new holding company
Windsong Global, a investment firm focused on consumer brands, has announced the acquisition of the hair care brand JVN and the skincare brand Pipette, under a new holding company called Belle Brands LLC. JVN, which was created bu hair stylist Jonathan Van Ness, is said to be sustainable and cruelty-free, and has been sold exclusively […]
China: Henkel opens Asia R&D centre
Henkel, the Germany-based personal and household care giant, has officially inaugurated a new research & development (R&D) centre in Shanghai, China to serve the Asian market. The facility will draw on insights from 11 markets and aims to facilitate flexible product innovation for brands such as Schwarzkopf and Syoss. Covering an area of more than 2,500 sq […]
France: Bridgepoint moves for anti-aging brand RoC Skincare
Private equity fund Bridgepoint has announced it is acquiring the toiletries brand RoC Skincare from existing backer Gryphon Investors for an undisclosed sum. Founded in France in 1957, RoC Skincare is described as one of the world’s largest independent skincare brands, offering “clinically proven, dermatologist-backed” products with a focus on ageing skin. RoC Skincare is said to […]
UK: Haleon sells ChapStick lip balm brand
Yellow Wood Partners, a private equity firm based in Boston, USA, has announced that its portfolio company Suave Brands has signed a binding offer to acquire the lip balm brand ChapStick from Haleon, a consumer healthcare firm, for €468 million ($519.6 million). ChapStick lip balm first debuted in the 1880s and later diversified its product […]
USA: Unilever to acquire haircare brand K18
Unilever, the FMCG multinational, has announced that it has signed an agreement to acquire US haircare brand K18 for an undisclosed sum. Founded in 2020 by Suveen Sahib and Britta Cox, K18 is described as bridging the gap between beauty & biotech with six haircare solutions targeting hair damage. K18 is distributed through professional salons, […]
USA: Unilever to sell Elida Beauty business
Unilever, the multinational consumer goods giant, has announced it has received a binding offer from Yellow Wood Partners, a Boston-based private equity firm, to acquire Elida Beauty for an undisclosed amount. Elida Beauty has a portfolio of 20 beauty and personal care brands including Q-tips, Impulse, Caress, Tigi, Timotei, Monsavon, Brut, Moussel, Alberto Balsam, and […]
India: Krishna’s Herbal & Ayurveda to open new manufacturing unit in Jodhpur
Krishna’s Herbal and Ayurveda, a leading manufacturer & supplier of ayurvedic medicines, has announced an investment of 5 crore INR ($600,000) to develop a state-of-the-art manufacturing plant in Jodhpur, India. The company is said to be best known for juices with natural and ayurvedic ingredients, and its portfolio is said to encompass products for diabetics, […]
India: Wipro Consumer Care and Lighting acquires personal care brands from VVF
Wipro Consumer Care and Lighting, an Indian personal and household care manufacturer, has acquired soap brands Jo, Doy, and Bacter Shield from Mumbai-based health & beauty firm VVF for an undisclosed sum. Wipro’s acquisition, its third within the space of a year, will reportedly allow it to strengthen its grip in the soap category by […]
Look Ahead: Yannick Verry, Fi Europe 2023
Gama spoke to Yannick Verry, Brand Manager, ahead of the latest edition of Fi Europe. What are your expectations for this year’s FI Europe? For Fi Europe 2023, expectations are high as we anticipate the convergence of over 25,000 F&B professionals and 1,400 exhibitors. The goal is to facilitate invaluable connections, showcasing new products, […]