Alberto’s acquisition plans
This article was originally published in The Rose Sheet
Executive Summary
Premium mass market skin care brand "would probably be at the top of our wish list" of potential acquisitions, Alberto-Culver President, Consumer Products Worldwide Jim Marino says during Feb. 23 Consumer Analyst Group of New York conference. Company previously indicated it will consider strategic acquisitions in skin care or hair care following a planned spin-off of Sally Beauty, after which Alberto will operate as a standalone consumer products business with Marino as CEO (1"The Rose Sheet" Jan. 16, 2006, p. 3). Firm also will continue to sustain high levels of advertising and marketing support behind existing brands like V05, Nexxus, Tresemme hair care brands and St. Ives skin care, Marino notes, adding St. Ives will be updated with new packaging and advertising this year...
You may also be interested in...
Alberto-Culver Eyes Acquisitions Following Sally Spin-Off
Alberto-Culver's consumer products division will make acquisitions a top priority following the spin-off of Sally Beauty Company, the firm stated during a June 19 call announcing the decision
Alberto-Culver CEO Bernick To Retire Following Sally Spin-Off
Alberto-Culver President and CEO Howard Bernick will retire after nearly 30 years at the company following its planned spin-off of the Sally Beauty business this spring, the firm announced Jan. 10
Mustang Bio Enters Race For CAR-T In Autoimmune Disease
The biotech company’s CEO talked to Scrip about plans to bring the CD20-targeting CAR-T MB-106 into an investigator-sponsored Phase I trial later this year.