Company News, Financial News

Coty’s On the Move in Brazil

Completes acquisition of Hypermarcas S.A.

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By: TOM BRANNA

Editor

A recession and the Zika virus health emergency isn't derailing one multinational's expansion into Brazil, the largest personal care market in South America. Coty Inc. completed its acquisition of the personal care and beauty business of Hypermarcas S.A., providing Coty with a critical mass platform in the Brazilian beauty market. Hypermarcas’ leading brands include Monange, Risqué, Bozzano, Paixão and Biocolor.   “We are pleased to complete the acquisition of the beauty business ...

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