March 2016 Spray 47 Mergers & Acquisitions AptarGroup, Inc. announced that it has signed an agreement to acquire Mega Airless, provider of airless dispensing systems for the beauty, personal care and pharmaceutical markets. This acquisition adds complementary products and market coverage to AptarGroup’s existing diversified portfolio of business. AptarGroup will acquire Mega Airless for approximately €200 million ($218 million). Coty Inc. announced its acquisition of the personal care and beauty business Hypermarcas S.A. Beauty Business, providing Coty with a critical platform in the Brazilian beauty market; Brazil is the third largest beauty market in the world. The Beauty Business’s leading brands include Monange, Risqué, Bozzano, Paixão and Biocolor. Also, Coty Inc. and Tiffany & Co. announced their entry into an agreement regarding the development, production and distribution of a new line of Tiffany fragrances for both women and men, to be sold at Tiffany & Co. stores as well as at other select luxury retailers. Additionally, Coty announced it received unconditional antitrust clearance from the European Commission in connection with Coty’s proposed merger with The Procter & Gamble Company’s fine fragrance, color cosmetics, salon professional and hair color and styling businesses (“P&G Specialty Beauty Business”). Coty remains on track to complete the merger in the second half of calendar year 2016, and will provide a more detailed timeframe during its third quarter fiscal 2016 earnings announcement in early May. Lonza Consumer Care expanded its distributor relationship with Azelis Americas (formerly KODA Distribution Group) to include selling hygiene products in Alabama, Arkansas, Colorado, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Nebraska, North Carolina, North Dakota, Oklahoma, South Carolina, South Dakota, Tennessee, Texas and Wisconsin, effective Jan. 1. Lonza’s hygiene products include hard-surface EPA-registered disinfectants and sanitizers, EPA-registered preservatives and non-registered quaternaries and amine oxides for use in industrial and janitorial cleaning, food service, food and beverage processing, healthcare and animal care. Gattefossé has appointed Azelis as its new distributor for personal care in Turkey starting Jan. 1. Azelis and Gattefossé have a longstanding relationship in personal care and pharmaceuticals and business has now been extended from Russia, Poland, CEE and Balkans to include Turkey for personal care. This relationship will be managed by the Azelis Turkey commercial team and the customers will be supplied using both Polish and Romanian warehouses, as well as the Istanbul facility. Fortinbrás, a specialty chemical company based in Jaguariúna, São Paulo, Brazil, launched a new logo. As part of a larger update of its brand identity, the new logo signifies Fortinbrás’ evolution following the company’s acquisition in 2015 by Hallstar, a leading global specialty chemical provider to the beauty and personal care and industrial markets. The logo’s blue color now matches that of Hallstar, the stylized diamond “F” mark that appeared next to the brand name has been eliminated and the typeface used for “Fortinbrás” is now one of Hallstar’s sanctioned typefaces. Anomatic, manufacturers of anodized aluminum packaging solutions, has announced that Germany-based Thyssen’sche Handelsgesellschaft m.b.H has acquired controlling interest in Anomatic from Brookstone Partners. The transaction was completed in February. According to Anomatic, the acquisition will not affect ongoing operations and the current management team will remain in place. Financial terms of the acquisition were not disclosed. Estée Lauder, in an effort to target Millennnials, has moved beyond department stores and will launch its new skin care and makeup collection, Estée Edit, in Sephora on March 15. The line will be merchandised by beauty attitudes, with category names such as The Barest and The Edgiest.
Spray March 2016
To see the actual publication please follow the link above