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Another acquisition for the always-hungry beauty company.
May 19, 2010
By: TOM BRANNA
Editor
American International Industries (AII) has added another business to its lineup of beauty companies: Thermal Spa Products Inc. The line of professional beauty products and accessories, aimed at salons and spas, becomes AII’s 57th brand. Terms of the deal were not disclosed, but AII vice president of professional sales, Mark Moesta, described Thermal Spa as a “multimillion-dollar business” prior to the acquisition. “It was doing well and it was showing some growth, but I think the owners...
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