Advent International completed the acquisition of bareMinerals, BUXOM, and Laura Mercier from Shiseido.

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.