Announced
Completed
Financials
Sources
Tags
France
Acquisition
cosmetic products
Cosmetics
dermatology
Private
Majority
Single Bidder
Completed
Friendly
Synopsis
Unilever, a British-Dutch transnational consumer goods company, completed the acquisition of Garancia, a French derma-cosmetic brand. Financial terms were not disclosed. "Garancia is one of the leading brands in pharmacies with a strong positioning between natural and science, offering fantastic beauty products with a touch of magic. Thanks to Savéria’s vision and expertise in derma-cosmetics, Garancia’s hero product Pschitt Magique is much loved and has earned great loyalty from consumers across different generations. We are delighted to have the opportunity to grow this brand globally," Vasiliki Petrou, Unilever EVP and Prestige CEO.
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