Sally Beauty
This article was originally published in The Rose Sheet
Executive Summary
Alberto-Culver purchases $15 mil. professional beauty care distributor B&H Supply, the company announces Oct. 11. The deal adds eight stores and roughly 30 sales consultants to Alberto-Culver's Beauty Systems Group, which operates under Sally Beauty. B&H distributes products such as Paul Mitchell, Rusk and Wella. The buy marks the latest in a string of Beauty System acquisitions (1"The Rose Sheet" May 15, In Brief). Alberto-Culver will continue to seek out potential partnerships for its distributor and packaged goods businesses
You may also be interested in...
Alberto-Culver
Beauty Supply Group adds 32 professional-only beauty supply stores under a definitive agreement to purchase Davidson Supply Company for $35 mil., the firm announces May 9. Beauty care distributor Davidson generates annual sales of $65 mil. and distributes salon products such as Paul Mitchell, OPI, TIGI and Sebastian. Alberto, which has purchased a number of companies in the past 18 months, plans to "slow the pace" as it integrates recent acquisitions. The company announced its intention to purchase Davidson in late April (1"The Rose Sheet" May 1, In Brief). The Davidson deal and an upcoming smaller purchase will bring Beauty Systems Group sales to $400 mil
OCA Applauds Organic Board's Recommendation To USDA: "Outlaw Nanotech"
With a push from the Organic Consumers Association, the National Organic Standards Board is recommending that the use of nanotechnology be strictly prohibited from products certified under the National Organic Program
Beauty Claims Inch Closer To Pharma As Cosmeceutical Sector Expands
Though global market-size estimates differ, analysts at SupplySide West 2010 in Las Vegas agreed that cosmeceuticals remain a promising growth vehicle