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Adds SE Asian distributor.
May 23, 2013
By: TOM BRANNA
Editor
In a month filled with moves of all kinds, Coty Inc. will acquire StarAsia, a distributor of beauty products in the markets of Southeast Asia (Cambodia, Hong Kong, Indonesia, Malaysia, Singapore, Taiwan and Vietnam) from its current parent, Isibane Pte. Ltd. The transaction is expected to close in July 2013. A purchase price was not disclosed. “The acquisition of StarAsia will provide us with an established distribution platform to sell our mass brands in key developing markets in the Sou...
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