Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Nippon Shikizai acquires French cosmetics supplier Orléans Cosmetics

Japanese cosmetics manufacturer Nippon Shikizai, through its French subsidiary Thepenier Pharma Industrie, has acquired Orléans Cosmetics, a French OEM company manufacturing cosmetic and fragranced products.

Effective January 26, 2017 the transaction is in line with Nippon Shikizai strategy to accelerate its global development and product portfolio expansion. In particular, the group aims to reinforce its positions in Europe by increasing its production capacity of cosmetic products and strengthening its R&D activities.

As part of its important group management strategy, Thépenier Pharma will extend its product portefolio and know-how in the makeup category, and will be able to offer a full range of made in France products and services, similar to those already proposed by Nippon Shikizai in Asia and in North Alerica. Through this transaction, the Group will be able to increase its global production capacity and to accelerate globalization of its research and development, and marketing activities,” explains the company in a release.

Eventually, this merger should also encourage optimization of the group’s industrial organization in Europe, by allowing each site to be refocused on its key know-how and to continuously develop quality and original products through enhanced and more focused R&D teams.

Created in 1984 and acquired in 2013 as part of a development project carried out by its current CEO, Orléans Cosmetics employs around 30 people and achieved a turnover of 2 million euros in 2016 (rising by 40% compared to 2015).

© 2017 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
spip-vignette

An art exhibition with perfume at its heart

From 21st June to 17th September 2017 an exhibition dedicated to perfume is held at the Somerset House in London with the partnership of Givaudan Fragrances, Coty, Liberty and Peroni Ambra. The galleries will transform into a series a scent-based installations showcasing the inspirations and skills of modern perfumery. The exhibition (...)

read more
job opportunities
Experts’ views
US retail: Apocalypse or evolution?

Laurence Bacilieri
US retail: Apocalypse or evolution?

American retail is in freefall, and its sales revenues have been deeply affected by 3,500 stores going out of business, not to mention the difficulties Macy’s, Sears and K-Mart are facing. Unlike the banking sector, the main actors of retail are rapidly restructuring their networks of sales points because of the rising price of rent - (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close