Company News, Financial News

Revlon Completes Purchase of Colomer

$665 million deal financed with bank loans.

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By: TOM BRANNA

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What's old is new again. Years after selling off its Colomer unit, Revlon, Inc. has completed its previously-disclosed acquisition of The Colomer Group, including the Revlon Professional business, for a cash purchase price of $665 million. Revlon financed this acquisition with proceeds from the previously-disclosed $700 million upsizing of its bank term loan facility. Colomer is a beauty care company with approximately $500 million in annual net sales that markets and sells professional pr...

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