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Revlon Brings Colomer Back to the Fold

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By: TOM BRANNA

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Revlon is buying The Colomer Group (TCG) for approximately $660 million, saying the deal will help it reach new salon customers and cut costs. The acquisition reunites Revlon with its one-time unit in an effort to expand its global distribution. Revlon will buy the business from CVC Capital Partners, which acquired what was then known as Revlon Professional Products Worldwide in 2000 in a deal valued at $325 million. Colomer markets and sells Revlon professional hair care products under license...

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