Mergers and Acquisitions

L’Oréal has signed an agreement to acquire Thayers Natural Remedies, a skincare brand from Henry Thayer Company.

Borden will be acquired by Capitol Peak Partners, a private equity firm founded by former WhiteWave chairman Gregg Engles, as part of a $340 million sale.  

Peter Harf will be elevated to the role of executive chairman and will work closely with the new CEO to lead Coty’s transformation.

Coty has entered into an agreement to acquire a 20% ownership interest in Kim Kardashian West’s beauty business (KKW Beauty) for $200 million.

Barry Callebaut intends to use the acquisition to establish a direct presence and manufacturing capacity in the growing Australian market.

Product information and syndication provider Syndigo has acquired Kwikee, a management and distribution platform for branded product content.

PepsiCo, which has had a distribution agreement with Rockstar in North America since 2009, also owns the Mountain Dew Kickstart energy brand, as well as GameFuel and Amp.

Trax will combine both companies’ technologies, products and customer delivery to create a closed-loop merchandising system for physical retail.

Coty is weighing the sale of the unit, which owns brands including Wella, as part of the CEO’s plan to turn around the wider business by boosting margins and reducing leverage.

The acquisition will boost Accenture’s growing technology practice and number of SAP professionals in the region.

PepsiCo has entered into a definitive agreement to acquire Be & Cheery, one of the largest online snacks companies in China.

Kronos Incorporated and Ultimate Software have entered into a definitive merger agreement to form one of the world’s largest cloud companies.