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January 22, 2007
By: TOM BRANNA
Editor
Procter & Gamble wants in on the fast-growing professional skin care market. The company has agreed to acquire the HDS Cosmetics Labs, the manufacturer of Doctor’s Dermatologic Formula from North Castle Partners, a private equity firm, for an undisclosed price. North Castle invested in Yonkers, NY-based HDS Cosmetics Lab and its DDF brand in 2004, after an almost three year relationship with the company’s founders. DDF was created in 1991 by a renowned New York City dermatologist,...
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