US: Sycamore Partners strikes deal to acquire Walgreens Boots Alliance
Walgreens Boots Alliance (WBA), the global pharmacy chain, has announced that it has entered into a definitive agreement to be acquired by an entity affiliated with Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments. “Leveraging WBA’s healthcare expertise and Sycamore’s established leadership in retail and consumer services, WBA will be […]
Tradeshow Look Ahead: Julien Bonvallet, Vitafoods Europe 2025
Gama spoke to Julien Bonvallet, Group Brand Director, Informa Markets, ahead of the latest edition of Vitafoods Europe. Vitafoods has a new home in Barcelona this year. What was the rationale for bringing the event to Spain? After 26 hugely successful years in Geneva, we made the decision to move to our new home of […]
India: Reliance Consumer Products acquires Velvette
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced the acquisition of personal care brand Velvette. Founded in 1980 as a brand of Sujatha Biotech, the Velvette brand is described as being the first to introduce PVC shampoo sachets. The brand’s manufacturing unit is in Kashipur, Uttarakhand. Commenting on the move, […]
India: Bajaj Consumer Care acquires Vishal Personal Care
Bajaj Consumer Care, a leading Indian hair care manufacturer, has announced the acquisition of Vishal Personal Care, which operates under the Banjara’s hair and skincare brand, for 108.3 crore INR ($13 million). Founded in 1991 in Hyderabad, Banjara is known for its natural solutions with a product portfolio that includes facial kits, herbal powders, and shampoos and […]
Tradeshow Look Ahead: Enrico Zannini, Cosmoprof 2025
Gama spoke to Enrico Zannini, General Manager, BolognaFiere Cosmoprof, ahead of the latest edition of the beauty tradeshow. What are your expectations for this year’s Cosmoprof? After the excellent results of the last edition, with 248,500 visitors attending from 150 countries and 3,012 exhibitors, for the 2025 edition, scheduled for 20th to 23rd March, […]
India: Hindustan Unilever acquires beauty brand Minimalist
Hindustan Unilever (HUL), the Indian arm of Anglo-Dutch multinational Unilever, has entered into a definitive agreement to acquire a 90.5% stake in beauty brand Minimalist for 2,955 crore INR ($354.6 million), with plans to acquire the remaining stake in two years. Founded in 2020, Minimalist is described as a rapidly growing digital-first beauty brand offering […]
Canada: BioSteel to open first manufacturing facility
BioSteel, a Canadian sports drink and nutrition firm, has announced the opening of its first dedicated manufacturing facility, located in Windsor, Ontario. Founded in 2009 and acquired by Coachwood Group in 2023, BioSteel offers sports drinks, hydration mixes and protein powders for both consumers and professional athletes. According to sources, the manufacturing facility will manufacture powders and […]
USA: Wellful acquires Ancient Nutrition
Wellful, a supplements and weight-management business and a Kainos Capital portfolio company, has announced the acquisition of supplements firm Ancient Nutrition from equity funds VMG Partners and Hillhouse Investment. Founded in 2016, Ancient Nutrition has a product portfolio that includes protein and gut health supplements, vitamins & multivitamins, herbs, mushrooms, and greens. It is described as […]
USA: Hain Celestial opens new innovation centre
US natural and organic products company Hain Celestial has announced the opening of an Innovation Experience Center (IEC) in Hoboken, New Jersey in a bid to further develop its food, drinks and personal care brands. The new centre, which features a 2,200 sq m working kitchen intended as “a hub for hands-on creativity and sensory exploration”, is […]
USA: Paine Schwartz Partners acquires Promix
Paine Schwartz Partners, a private equity firm, has announced the acquisition of Promix, a nutrition and supplements business, Founded in 2014, Promix is known for producing a range of ‘clean’ nutritional products, including supplements, vitamins, meal replacements, and snacks, with a claim of ‘nothing artificial’. The company’s product range, including prebiotics, protein powders, bars, electrolytes, […]