Maesa builds on 2009 acquisitions

Published: 22-Nov-2010
Manufacturing Packaging Finance

Double-digit growth expected by 2011


Maesa, which produces made-to-measure beauty care products for major brand distributors, has reported growing demand from the large groups for cosmetics and expects to pass its 2010 sales target of €70m enabling it to improve organic growth and reduce debt. Maesa president, Julien Saada said from 2011 growth was expected to be in double-digits.

The group made several acquisitions in 2009 with the help of credits and expects its current strong growth will accelerate debt reduction, set to fall from €22.4m in mid-2010 to €22.5m at the end of this year, reaching a level below €20m by mid-2011. Full repayment is scheduled for 2015.

  • Companies:
  • Maesa
See more

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Training & Education

Exclusive: Meet the winners of Maesa's Magic Incubator programme

Read more
Motivo Scar Care, Berri-Clear Skincare and The Potion Studio will receive funding and mentorship from the incubator

Trending Articles

  1. Helen of Troy buys nail brand Olive & June for $225 million The brand owner will build on Olive & June’s consumer perception strength and help expand its availability
  2. The Ordinary co-founder Nicola Kilner to cede Deciem CEO role Kilner will step down as CEO at the end of the year, but will remain as co-founder and continue to be involved
  3. You need to be a subscriber to read this article.
    Click here to find out more.
    The great packaging debate: How to reduce costs without damaging aesthetics Can brands micro-adjust packaging costs in a way that doesn’t negatively affect a product’s aesthetics? We explore how to make changes without diminishing the consumer experience
  4. e.l.f. Beauty hits back at ‘unsubstantiated’ short seller report A 48-page report issued by Muddy Waters has alleged that the US beauty giant had “inflated” its revenue and profits
  5. Space NK full-year sales jump as Gen Z shoppers drive sales The UK retailer is also expanding its portfolio with ten additional stores, which has already seen a store open in Sheffield

Upcoming event

Cosmoprof India 2024

5-7 December 2024 | Mumbai, India See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Training & Education

Exclusive: Meet the winners of Maesa's Magic Incubator programme

Motivo Scar Care, Berri-Clear Skincare and The Potion Studio will receive funding and mentorship from the incubator
You need to be a subscriber to read this article.
Click here to find out more.
Manufacturing

Growing your brand beyond beauty. Maesa’s CEO shares his top tips

Maesa CEO Piyush Jain talks category blur and why brands should avoid expanding into new fields too quickly
Finance

Maesa unveils winners of $35,000 incubator programme

Fuzz Clinic, House of Foster and Squigs will receive funding and support from the maker of Drew Barrymore’s Flower Beauty
Finance

Maesa awards $35,000 grant to support minority-owned beauty start-ups

Three beauty and wellness businesses in the early or pre-launch phase will receive funding and mentorship from the incubator of Drew Barrymore’s Flower Beauty
Recruitment

Coty and Maesa name c-suite hires while Wella achieves board gender balance

Coty appoints Caroline Andreotti as Chief Commercial Officer, Prestige, while Erin Keating will join Maesa as Chief Customer Officer and Jodi Taylor becomes a Director on Wella Company’s board
Manufacturing

Kristin Ess sues long-term partner Maesa over contract breach

Ess, a hair stylist and co-founder of thebeautydepartment.com, claims she was ‘misled’ during their partnership
Finance

The maker of Drew Barrymore's beauty brand appoints ex-Shiseido CEO to Board

Brand incubator Maesa has reshuffled and expanded its leadership team following the acquisition of Bain Capital
Subscribe now