Company News, Financial News

Colgate To Buy PCA Skin and EltaMD Skin Care

Industry leader adds key players in professional beauty to its portfolio.

As part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, Colgate-Palmolive Company has agreed to purchase professional skin care brands PCA Skin and EltaMD in two separate transactions. According to the company, these acquisitions will enable Colgate to enter the highly attractive professional skin care category while complementing its existing global personal care businesses. The terms of the deals have not been disclosed at press time. Bot...

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