Announced
Completed
Financials
Tags
Cosmetics
Majority
Private
Private Equity
Single Bidder
Domestic
Friendly
Acquisition
cosmetics
United States
Completed
Synopsis
Advent International, a private equity investor, completed the acquisition of cosmetics companies bareMinerals, BUXOM, and Laura Mercier from Shiseido, a cosmetic company. Financial terms are not disclosed. "We are thrilled to bring together three leaders in prestige beauty to build Orveon and are thankful toward Shiseido for being a supportive partner throughout this transaction. With Pascal as CEO, we believe this collective will accelerate the growth of its individual brands, showcasing its expertise to cater to a complete face care routine across a diverse set of consumers for a modern world," Tricia Glynn, Advent Managing Director.
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