Revlon is buying Colomer Group, which sells hair dye and other products to beauty salons, for about $660 million, saying the deal will help it reach new salon customers and could cut costs.
August 05, 2013 at 08:00 AM
1 minute read
Revlon is buying Colomer Group, which sells hair dye and other products to beauty salons, for about $660 million, saying the deal will help it reach new salon customers and could cut costs.
The transaction reunites Revlon with its former professional products division, which the beauty products company sold to CVC Capital Partners in 2000. The private equity firm is still Colomer’s owner and is selling it to Revlon.
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