Erno Laszlo acquired by RBS private equity
Former Molton Brown ceo Charles Denton to partner
The brand has been owned by Fox Paine since 2002, during which time it enjoyed significant investment driving new product development and international expansion.
Linsdey McMurray, head of RBS Equity Finance said: “Erno Laszlo is a unique luxury proposition with a discerning loyal following. We believe it is well positioned to take advantage of the growing demand for premium anti-ageing products with proven efficacy.”
RBS Equity Finance will be the sole institutional investor in Erno Laszlo and is partnering with Charles Denton, former ceo of Molton Brown, who successfully led that brand’s transformation from a single hairdressing boutique in Mayfair into a global premium business.
Denton commented: “I’m incredibly excited about the partnership with RSB Equity Finance and our acquisition of this exceptional beauty brand. The extraordinary heritage and iconic status of Laszlo will provide a wonderful foundation as we seek to expand the business globally.”
You may also like
Trending Articles
-
You need to be a subscriber to read this article.
Click here to find out more. -
You need to be a subscriber to read this article.
Click here to find out more.
You may also like
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Skin Care
Medik8 bills generative artificial intelligence as the future of beauty marketing
Medik8 is utilising 3D AI ‘Digital Twin’ technology to significantly cut down the time it takes to create content. Here’s why the science-backed, L’Oréal-owned skin care brand believes in the future of artificial intelligence
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Skin Care
The UK beauty brand with no name finally picks one to fuel next chapter
After operating for an entire year with no official name after ditching its original option Haeckels, the UK skin care company ‘Formerly Known as Haeckels’ has now settled on a new name to propel the business into its second chapter
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Manufacturing
L’Oréal invests €60 million in Gauchy plant due to ‘strong growth’ in its perfume business
The beauty giant said it is reaffirming ‘the importance of its socio-economic footprint in France’ with this new investment in the plant, which manufactures fragrances for brands in its Luxe Division
Training & Education
Natural Spa Factory launches free brand consultations to help businesses build authentic skincare brands
As consumer demand continue to shifts toward locally made, transparent beauty, Natural Spa Factory is empowering businesses to build 100% UK-made skincare brands through a newly launched free consultation service