Company News, Financial News

Kosé Buys Tarte

Deal expected to close next month.

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By: TOM BRANNA

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Kosé Corporation will acquire Tarte, Inc., a New York-based color cosmetics and skin care brand that specializes in products based on naturally-derived ingredients. The purchase price is $135 million and the deal is expected to close next month. Tarte will continue to be run by its founder, Maureen Kelly, who will remain a shareholder in the company. Kosé is taking many actions aimed at expanding overseas operations, which is part of the theme of “concentrating on growth drivers” t...

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