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Alberto Culver to Acquire Simple Health & Beauty Ltd.

Plans for leading skin care company in the U.K.

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By: TOM BRANNA

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Alberto Culver is thinking across the pond for 2010. The manufacturer and marketer of beauty care brands including TreSemme, Alberto VO5, Nexxus, St. Ives and Noxzema has entered into an agreement to acquire Simple Health & Beauty Limited from Duke Street, a mid-market private equity fund. Simple, a mass brand, is expected to generate net sales of approximately $105 million in 2009. It is the second largest skin care brand on a value share basis in the UK, which is Alberto Culver’s...

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