Tue, 02 May 2017 | BUSINESS SALE
A group led by one of Yorkshire’s most successful entrepreneurs has acquired the owner of a number of beauty and personal care brands.
Graham Royle’s GRI Group has snapped up I Love Cosmetics (ILC), whose brands include I Love…, New York Professional, The Good Stuff! and Balmi, Insider Media reported.
Under the acquisition, terms of which were not disclosed, ILC will become a subsidiary of GRI Brands Ltd. The firm said the beauty firm would “grow with flair and passion”.
As part of the move the business will operate with its existing team, headed by managing director James Brown, with Royle becoming ILC’s new chairman and chief executive.
I Love Cosmetics’ brands supply the health, beauty and toiletry markets, with products including beauty care, bath and body, hair care and lip care.
Graham Royle said: "ILC will strategically complement our group of associate companies, which offer excellent synergies to each other.
“The brands’ business takes the group further downstream from its ingredients and products’ manufacturing facilities and offers many new market opportunities.
"ILC enjoys a valued position with both its incredible range of suppliers and customers and from day one we have already begun to implement a comprehensive strategy of growth, which will see significant product development and geographical market development. We are also targeting to acquire more brands to bring into the portfolio."
Find retail businesses for sale.
Subscribe to Business Sale Report here
A family run business in its third generation, supplying office furniture nationwide either directly or through white label websites on behalf of other retailers. Having built up an excellent reputation for the product range and service provided, the...
LEASEHOLD
Indicative offers are required by noon of Tuesday 22 September 2020, with a sale concluded by no later than the close of business on Friday 25 September 2020 and therefore only parties that are able to work within this time frame should respond.
Presenting to the market a well established 2 surgery practice due to the vendors plans to reduce responsibilities. Income is derived from fee per item patients and a large capitation scheme which equates to 32% of the practice income.
LEASEHOLD
|
18
|
|
Sep
|
Crane hire business acquired in seven-figure deal | BUSINESS SALE
Liverpool-headquartered A Mini Crane Hire has been acquired ...
|
17
|
|
Sep
|
Scottish accountancy firm expands with two new acquisitions | BUSINESS SALE
Scottish accountancy firm Goldwells has expanded with the ac...
|
16
|
|
Sep
|
Plymouth window manufacturer rescued in buy-out | BUSINESS SALE
A Plymouth window manufacturing business that formed part of...
Sign up to receive our acquisition alert emails to get your FREE guide
|
02
|
|
Sep
|
Deadline passes for Debenhams bids | BUSINESS SALE
The deadline for bidders to submit their offers for departme...
|
23
|
|
Aug
|
Administrators called in for energy technology firm Faraday Grid | ADMINISTRATION
Faraday Grid, an Edinburgh-headquartered energy transformer ...
|
19
|
|
Aug
|
Childcare entrepreneur boosts portfolio with Liverpool acquisition | BUSINESS SALE
The Griffin Nursery, a children’s day nursery in Bootl...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources