Company News, Financial News

Unilever Establishes Elida Beauty

Spin-off includes Q-Tips, Caress, Tigi, Timotei, Impulse and MonSavon.

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By: TOM BRANNA

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UPDATE: Unilever sold Elida Beauty to Boston-based private equity firm Yellow Wood Partners LLC in December 2023. Details can be found here. Unilever is spinning off a number of smaller beauty and personal care brands under the name Elida Beauty. The brands include Q-Tips, Caress, Tigi, Timotei and MonSavon. Together, they had sales of about $725 million (660 million euros) and are sold primarily in Europe and North America. Unilever is making the move as the brands “will benefit from d...

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