Eurazeo Set to Buy Aroma-Zone, the Natural, DIY Beauty Brand
Women s Wear Daily (WWD) 3 hrs ago Jennifer Weil
PARIS – Eurazeo has signed an exclusive agreement to become the majority shareholder of Aroma-Zone, a French company that produces and distributes aromatherapy and natural do-it-yourself beauty and wellness products through the direct-to-consumer channel.
Under terms of the agreement, the private-equity company and its partners would invest around 410 million euros, making it Aroma-Zone’s main stakeholder. The company’s founding Vausselin family is to keep a significant share of Aroma-Zone.
More from WWD
Beauty companies with natural, DIY and d-to-c positioning have increasingly been in the scopes of investors, as they become favorites among consumers.
Clean Beauty Has Its Ultimate Dream Cream In Augustinus Bader s Latest Reformulation forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Read more about S&P 500, Nasdaq slip as bond yields rise on Business Standard. NEW YORK (Reuters) - The S&P 500 slipped on Friday after hitting an all-time high the prior session as rising U.S. bond yields revived inflation worries and dulled the appeal of high-growth technology shares.
U S stocks close mixed as Dow notches fifth straight record high reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.