North Castle Partners has sold on the gloProfessional brand to another private equity company after achieving its object to strengthen the brand, giving it a significant return on its investment.
California cosmetics and skin care maker Physicians Formula has been acquired by private equity company Swander Pace Capital, providing the business with further resources for expansion.
Hotel toiletries maker Gilchrist & Soames is bucking the trend for closures and job losses by announcing a $3m expansion plan to expand its Indiana-based manufacturing facilities.