Company News

LG Closes Deal To Acquire Hair Color Brand Arctic Fox

$100 million dollar deal gives LG controlling share in brand owner Boinca, Inc.

Author Image

By: Christine Esposito

Editor-in-Chief

LG Household & Health Care Ltd., a division of LG in Korea, has closed its deal to acquire a 56% stake in Boinca Inc., the US manufacturer that owns hair care brand Arctic Fox. The deal was valued at $100 million, according to Brutzkus Gubner, which represented Boinca in the deal.   Arctic Fox is best known for its vibrant, long-lasting, semi-permanent hair dyes that are vegan and cruelty-free. Launched  2014 the range, is a bestseller on Amazon and other leading beauty retailers and has ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters