Coty Seeks Global Fragrance Supremacy With Unilever Prestige Buy
This article was originally published in The Rose Sheet
Executive Summary
Coty is aiming to expand its presence in the global fragrance market by acquiring Unilever Cosmetics International, the firm said. The company announced May 20 it has entered into a definitive agreement to purchase Unilever's prestige fragrance business for $800 mil. in cash
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