Migami, a US-based company that has made its name developing and
testing clean air technology, has acquired assets in the company
Innovay, giving it a new direction purchasing licensing rights for
cosmetic and pharmaceutical products.
In an open letter to members of the Parlux executive board, Glenn
Nussdorf, who has a 10.5 per cent stake in the company, has made
his point clear that he believes the proposed sale of the Perry
Ellis license agreement is 'not...
Global cosmetics giant Beiersdorf has announced the next step in
its restructuring plan with plans to sell off the production and
logistics facilities for its France-based affiliate.
Arista Tubes says it is due to open a facility to manufacture tubes
for the beauty industry in Danville, Virginia by the end of the
first quarter of 2007.
Having confirmed strong sales growth for the first three months of
the year, German cosmetics giant Beiersdorf says it is expecting to
build on growth during the course of 2006.
Oriflame's less than impressive debut as a public listed company
and falling profits has prompted major boardroom changes,
highlighted by the appointment of Magnus Brännström as the
company's new CEO, Simon Pitman reports.
Essel Propack, an important manufacturer of laminated tubes used in
the cosmetics, personal care and toiletries sector, has acquired
the UK-based Arista Tubes, which manufactures plastic seamless
tubes.
Atrium this week announced its full acquisition of active
ingredient supplier Siricie. The €1.6 million cash deal
demonstrates the trend of biotechnology companies moving further
towards novel products.