Revlon to buy Colomer Group

August 6, 2013 | By RetailME Bureau

New York-based cosmetics maker Revlon Inc has agreed to buy the Colomer Group – manufacturer and distributer of a broad line of leading salon and retail hair and nail care products – for about $660 million in cash from CVC Capital Partners in order to boost its offerings targeted at professional salon customers. The acquisition is expected to close in the fourth quarter.

In order to widen its product line for salon-focused businesses, Revlon has been introducing new products and buying brands as sales in some of its larger lines remain sluggish. The Colomer Group takeover will add the Creative Nail professional and Shellac nail polishes as well as American Crew men’s hair care products to Revlon’s current product range.

The Colomer Group acquisition will also give Revlon some geographic diversity. The company gets about half of its sales from Europe, the Middle East and Africa and about 40% from the US, while Revlon recorded 56% of its sales from the US last year, according to Bloomberg.




Previous Article Next Article


Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto

Locally-owned supermarket Spinneys has launched its ‘Power of Plants’ initiative in the 

Continue Reading

January 17, 2021 | By RetailME Bureau

Carrefour UAE has launched “Cookit Yourself” — a curated recipe box created 

Continue Reading

January 5, 2021 | By RetailME Bureau
Al Islami Plant-Based Burger

UAE-based Al Islami Foods, one of the largest frozen food companies in 

Continue Reading

January 3, 2021 | By RetailME Bureau
Marks & Spencer's plant-based range

Marks & Spencer’s plant-based range now offers over 25 vegan products including meat-free 

Continue Reading

December 23, 2020 | By RetailME Bureau

World’s largest fully integrated online brand in fresh fish and meat e-commerce 

Continue Reading

December 14, 2020 | By RetailME Bureau

Homegrown, organic and plant milk company, Koita has announced its expansion into 

Continue Reading

December 9, 2020 | By RetailME Bureau
Middle East's vegan revolution

Today’s on-demand streaming services are ripe with docu-series and explainer videos on 

Continue Reading

December 3, 2020 | By Shruthi Nair

Download Images RetailME Magazine