The deal announced in early September for the sale of Noiro, the
cosmetics and detergent business of Finnish healthcare specialist
Orion Corporation, to funds managed/advised by CapMan was closed
Door-to-door cosmetics giant Avon digs deeper into Russian beauty
market with a hefty $40 million (€35m) investment in production
facilities, helping to hit the company's $500 million Russian sales
target for 2007.
Amerchol Corporation has announced an agreement for the sale of
several product lines used in the manufacturing of personal care
products, as well as a manufacturing plant in Belgium, to the
Alcan's hostile takeover of French counterpart Pechiney has become
a friendly bid following acceptance of a revised offer for the
company by Pechiney's board. But getting regulatory approval may
Finnish healthcare specialist the Orion Corporation and its funds
manager/adviser, private equity investor CapMan, have agreed upon a
deal for the acquisition of Orion's cosmetics and detergent
business unit Noiro by funds managed/advised...
Direct cosmetic seller Avon Products has benefited from favourable
'currency tailwinds' in the third quarter as well as strong sales
in the US, keeping it well on track to meet, or exceed, its
financial targets. Sales for...
Consumer products group Procter & Gamble has closed a €4.65
billion deal to purchase hair care and beauty company Wella. In
agreement with the tender offer launched at the end of April this
year P&G will purchase the additional...
Valentino will regain control from Unilever Cosmetics International
(UCI) of the brand's line of fragrances. The move is a further step
in Valentino's renegotiation strategy following its acquisition by
the Marzotto Group...
A new report from market analyst Datamonitor reveals the average
Norwegian spends more on haircare products than anyone in Europe.
Consumers in Norway spend €50, almost twice the amount as the UK
consumer at €27.
Sensient Technologies Corporation, US manufacturer of colours,
flavours and fragrances, has reported a steady increase in revenue
of 9.3 per cent for Q2 compared to the same period in 2002, rising
to $261.9 million (€233.6m)