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Coty Boosts Beauty Portfolio with Del Laboratories Acquisition

Coty has entered into an agreement to acquire Del Laboratories, Inc.

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By: TOM BRANNA

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Coty Inc., a leading global beauty and the world’s largest fragrance company, and Del Laboratories, Inc., a leading developer, manufacturer and marketer of cosmetics, announced that Coty has entered into an agreement to acquire DLI Holding Corp. and its subsidiaries. DLI Holding Corp. is the parent company of Del Laboratories, Inc.   Under the terms of the agreement, all operations of DLI Holding Corp. will be merged with and into Coty. Financial terms of the transaction were not disclosed. U...

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