Warpaint London to acquire Brand Architekts for £13.88m.

Warpaint London, a specialist supplier of colour cosmetics, agreed to acquire Brand Architekts, a beauty brand specialist, for £13.88m. "The proposed acquisition of Brand Architekts provides an attractive strategic opportunity to supplement our on-going international organic growth by integrating Brand Architekts' highly complementary brands into Warpaint's portfolio and leveraging the enhanced range of brands across a wider number of customer relationships. Additionally, as part of a larger group we believe applying our established supply and distribution channels and approach to Brand Architekts will improve efficiency, reduce costs and drive profitability. We are looking forward to working with the Brand Architekts team to realise Brand Architekts' potential," Sam Bazini, Warpaint CEO.