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Purchase expands the company's share of the global color cosmetics segment.
November 12, 2010
By: TOM BRANNA
Editor
Coty Inc. has entered into an agreement with Kalina to acquire 100% of the shares of Dr. Scheller Cosmetics AG and its subsidiaries (DSC), which are currently detained by Kalina. According to Coty, the acquisition will further enhances its color portfolio through the addition of DSC’s leading German makeup brand, Manhattan and its anti-acne cosmetic brand, Manhattan Clearface. With the addition of DSC’s Manhattan products, Coty becomes the second largest player in the German...
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