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
Luxe Pack New York rescheduled to September

Luxe Pack New York rescheduled to September

Amid the latest developments of the Covid-19 epidemic in New York and the USA, the Luxe Pack management team has decided to postpone further the event to September 15th and 16th, 2020. The venue is unchanged: Jacob K. Javits Convention Center (Hall 1B). With these new dates, the show will be almost concomitant with the MakeUp in (...)

read more
Experts’ views
Radical reinvention : Disrupting the next decade of beauty

Cosmetics Inspiration & Creation
Radical reinvention : Disrupting the next decade of beauty

Beauty is an ever-changing industry. Yet some changes make more of an impact than others. The more society changes, the more these changes cascade into the Beauty market. During the last MAD Cosmetics Innovations conference, organised by Premium Beauty News in Paris, Leila Rochet, Founder of Cosmetics Inspiration & Creation, (...)

read more

Features