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Deal snapshot: GLANSEOL ACQUIRES BEAUTY FIRMS LAURA GELLER, JULEP AND CLARK'S BOTANICALS.

MANews-(C)2009-2016

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.

Country: USA

Sector: Consumer Products

Target: Laura Geller, Julep and Clark's Botanicals

Buyer: Glansaol

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Agreed

Buyer advisor: Financo , Wells Fargo Securities ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Geographic Code:1U2NY
Date:Dec 21, 2016
Words:148
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