November 2017 Spray 35
Mergers & Acquisitions
SC Johnson announced that
it is acquiring the consumer
brands Method and Ecover
from People Against Dirty.
The transaction is subject to
regulatory approvals in the
U.S., UK and Germany as well
as other customary closing
conditions.
HBM Holdings announced that it has acquired Aerofil Technology,
Inc., a contract manufacturer that fills aerosol and liquid containers
for industry-leading brands across a wide set of industries
and applications. Bob Dunaway will remain as CEO of Aerofil;
Daniel Wright, current VP Corporate Development for HBM, has
been named President & COO. Terms of the transaction were not
disclosed.
TricorBraun has acquired Continental Packaging Associates,
which will now do business as TricorBraun and will have expanded
access to all TricorBraun customer resources including package
design, engineering and global sourcing capabilities.
The New York Society of Cosmetic Chemists (NYSCC) announced
a new industry partnership with the Personal Care
Products Council (PCPC), the national trade association representing
the global cosmetic and personal care products industry. In
addition to having a booth at NYSCC Suppliers’ Day, to be held
May 15-16, 2018 at the Jacob Javitz Convention Center in New
York, PCPC will also host a session in the Presentation Theater on
the Suppliers’ Day exhibit floor. Partnering with PCPC will allow
the show to expand its reach to its member companies that manufacture,
distribute, and supply a vast majority of personal care
products marketed in the U.S. More info: NYSCC.org or contact:
suppliersday@nyscc.org.
Unilever has agreed to buy the cosmetics firm, Carver Korea, for
€2.27 billion ($2.71 billion) from Goldman Sachs, Bain Capital
and the company’s founder. Unilever said the range includes “Eye
Cream for Face” as well as essences, toners, moisturizers, masks
and sun protection.
Givaudan is acquiring the Nutrition Division of Centroflora
Group as part of its 2020 strategy to strengthen its global offering
of natural extracts and further develop its presence in Brazil. With
headquarters and a manufacturing facility in Botucatu, Brazil,
Centroflora Nutra employs about 116 people and exports products
globally.
Menasha Corp. has acquired ARI Packaging, which will operate
as part of Menasha Packaging Co., a subsidiary of Menasha Corp.
Terms of the transaction were not disclosed.
The J. M. Huber Corp. has completed the sale of the Silica business
unit of Huber Engineered Materials to Evonik Industries
AG. The $630 million transaction, completed after approvals from
the European Commission and other global regulatory bodies,
transfers ownership of the HEM Silica facilities in North America,
Europe and Asia to Evonik, effective Sept. 1, 2017.
Veritiv Corp. has acquired All American Containers, a distributor
of rigid packaging, including plastic, glass and metal containers,
caps, closures and plastic pouches.
HCP, with the support of controlling shareholder Baring Private
Equity Asia, will acquire a 100% stake in RUSI Cosmetic
GmbH & Co. KG from RUSI President Klaus Sindel and other
shareholders. Rusi will provide the core HCP manufacturing
platform in Europe and its commercial and operations functions
will be integrated into HCP. Rusi’s President will report directly
to HCP’s Group President & CEO.
Henkel has closed the acquisition of Nattura Laboratorios, S.A. de
C.V., headquartered in Guadalajara, Mexico, as well as associated
companies in the U.S., Colombia and Spain. According to Henkel,
the acquisition strengthens its hair professional business and significantly
expands its market positions in Mexico and the U.S.
Coty Inc. has completed the acquisition of the exclusive longterm
global license rights for Burberry Beauty luxury fragrances,
cosmetics and skincare. Coty will have overall responsibility for
strategic direction on the portfolio’s development.
Kiehl’s Since 1851 is debuted in four Sephora stores in October,
with a fifth store opening this month. After launching on
Sephora.com in August, this second phase of Kiehl’s partnership
with the prestige beauty retailer will have it debuting in select
Sephora stores in San Francisco, New York, Las Vegas and Santa
Monica.
Caption Contest
Send in your captions! The authors of the three funniest
captions, as judged by our esteemed staff, will be published in
the December issue. Send to acaridad@spraytm.com and put
“Cartoon Caption” in the subject line. Include your name,
company and location. Deadline: Nov. 7, 2017.