Home » M & A

M & A

L’Oréal acquires three Valeant skincare brands for $1.3 billion

L’Oréal has signed an agreement with Valeant Pharmaceuticals to acquire three of their skincare brands, CeraVe, AcneFree and Ambi for $1.3 billion. “The acquisition of CeraVe, AcneFree and Ambi strongly complement L’Oréal’s brand portfolio,” Frédéric Rozé, president and CEO of L’Oréal USA, said in a statement. “These three brands, built on strong relationships with health professionals and widely distributed, will nearly double the revenue of our …

Read More »

Jet.com has acquired Shoebuy for $70 million to expand clothing and accessories offering

On the heels of its August 2016 acquisition by Wal-Mart, Jet.com has announced its $70 million acquisition of Shoebuy from IAC. Shoebuy was founded in 1999 and sells 800 brands translating to more than one million products offered for men, women and children. As part of the acquisition ShoeBuy will remain as a separate entity, and its CEO, Mike Sorabella, will …

Read More »

Global Brands Group acquires majority stake in Sean John

Fashion holding company, Global Brands Group Holding Ltd., has acquired a majority stake in men’s lifestyle brand Sean John, which includes Enyce. The financial terms of the deal were undisclosed. As part of the acquisition, Sean John and Enyce will become part of the Creative Arts Agency-Global Brands Group, a subsidiary of Global Brands. And Sean “Diddy” Combs will retain …

Read More »

Estée Lauder has acquired Too Faced for $1.45 billion

The Estée Lauder Companies Inc. have acquired Irvine, California-based beauty brand, Too Faced, from private equity firm General Atlantic LLC for $1.45 billion. As part of the acquisition, John Demsey, Estée Lauder executive group president, will add Too Faced to the portfolio of brands that he oversees. “With Too Faced, we see terrific opportunity for additional value creation through expansion in …

Read More »