IL Cosmetics completed the acquisition of Cosmetion.

IL Cosmetics, a company in the B2B nail polish and make-up industry, completed the acquisition of Cosmetion, a cosmetics firm. Financial terms were not disclosed. This acquisition serves as a fast-track to develop new product categories, adding a production site with the “made in Italy” label. It marks a significant milestone in our journey to make IL Cosmetics a leading multi-product colour cosmetics manufacturer, allowing us to expand our portfolio and accelerate product development.