Company News, Financial News

Coty Completes ‘ghd’ Deal

$510 million exchanged for hair styling brand.

Coty has completed its acquisition of ghd, a global premium brand in high-end hair styling appliances, further strengthening its worldwide leading position in professional hair care. The acquisition is expected to be immediately accretive to Coty’s earnings. Camillo Pane, chief executive officer of Coty, said, “We are excited to welcome the ghd company to Coty. The addition of ghd, with their state-of-the-art hair appliances further strengthens our Coty Professional Beauty division, providin...

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