Deal snapshot: GLANSEOL ACQUIRES BEAUTY FIRMS LAURA GELLER, JULEP AND CLARK'S BOTANICALS.
New York City-based beauty and personal care company Glansaol has agreed to acquire New York City-based beauty care products maker Laura Geller, Seattle, Washington-based e-commerce beauty products company Julep, and New York-based skin care products company Clark's Botanicals, the company said.
Laura Geller is a prestige color cosmetics brand developed in 1997 by professional makeup artist, Laura Geller. The company pioneered the "baked" category of makeup cult-favorite, multi-tasking powders, dual-purpose products intended to simplify and improve women's makeup routines. Julep is a prestige color cosmetics and skincare brand founded by Korean-born Jane Park. Clark's Botanicals is a premium skincare brand founded in 2008 by Francesco Clark.
Sector: Consumer Products
Target: Laura Geller, Julep and Clark's Botanicals
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: Financo , Wells Fargo Securities ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Dec 21, 2016|
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