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Brands like Risqué, Paixão and Biocolor are top sellers in Brazil.
November 2, 2015
By: Christine Esposito
Editor-in-Chief
Coty Inc. has entered into a definitive agreement to acquire the personal care and beauty business of Hypermarcas S.A. for approximately $1.0 billion in cash. The transaction will be funded with a combination of cash on hand and available debt facilities. The beauty business was a $253.5 million net revenue operation in 2014, with an offering of brands that hold leading positions in the highly competitive Brazilian beauty and personal care market, which is the third largest in the world. R...
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