Follow us twitter facebook
Edition: Brazil
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Hypermarcas completes sale of its cosmetics business to Coty

Hypermarcas S.A. yesterday (01 February 2016) announced that the sale of the company’s beauty business to Coty Inc. was completed pursuant to the conditions set in the Shares and Trademarks Sale and Purchase Agreement signed on November 2, 2015.

Hypermarcas added that it has received from the affiliates of Coty the remaining balance of the price, totalling the sale amount of 3.8 million reais, following the transfer to Coty of the totality of the shares corresponding to the capital stock of Novitá Distribuição Armazenamento e Transportes S.A. held by Hypermarcas.

Brands acquired by Coty include:

- Monange, a multi-category personal care brand (body care, hair care, female deodorant),
- Risqué, the market leader in nail polish in Brazil,
- Bozzano, the market leader in men’s care in Brazil,
- Paixão, largest skin care brand in Brazil,
- Biocolor, a best-selling hair colorant in Brazil.

Portfolio

© 2016 - Brazil Beauty News - www.brazilbeautynews.com

latest news
Focus
Thermolat: Symrise's new warming ingredient

Thermolat: Symrise’s new warming ingredient

Symrise’s new sensory ingredient creates a feeling like gentle warm sunshine on the skin. Thermolat was developed for use in creams, gels and balms to provide pleasant, relaxing and long-lasting effects without feelings of stinging or burning. According to the cosmetic ingredients supplier, 71% of consumers would like to feel an (...)

read more
Experts’ views
Genderless innovation based on neuroscience

John Jiménez
Genderless innovation based on neuroscience

The history of dance is rich in innovations, from the first creations of ballet master Jean-Georges Noverre, to the modern dance of Isadora Duncan, Martha Graham, Rudolph Nureyev or Pina Bausch until the modern interpretations of Britain’s Got Talent finalist Yanis Marshall. The famous peer-reviewed academic journal Science launched (...)

read more

Features