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North Castle Sells HDS Cosmetics and Avalon

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By: TOM BRANNA

Editor

The Procter & Gamble Company has ac-quired HDS Cosmetics Lab Inc., the company that manufactures and markets Doctor’s Dermatologic Formula (DDF) skin care, from North Castle Partners, a private equity firm. A purchase price was not disclosed. The DDF line of products targets specific skin concerns such as anti-aging, acne and hyperpigmentation. Building on DDF’s positioning and credentials, P&G expects to infuse the line with innovation, add marketing initiatives and leverage its g...

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