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

Ancorotti Cosmetics raises capital to fund international growth

White Bridge Investments has just acquired 30% of the shares in Ancorotti Cosmetics, Italian manufacturer of make-up and skincare products.

Ancorotti Cosmetics’ headquarters in Crema, Italy

Ancorotti Cosmetics’ headquarters in Crema, Italy

Ancorotti Cosmetics, which specialises in the creation and production of make-up formulations, in particular for the eyes and the lips, has recorded impressive growth rates since it was created in 2009 by industry veteran Renato Ancorotti and daughter Enrica. The company achieved a turnover of 72 million euros in 2016, up 66% compared to 2015. This is the seventh consecutive year of double-digit growth for the Italian company, which already forecasts the same trend for the current year.

According to Ancorotti Cosmetics, the equity investment by White Bridge which in the context of a capital increase, will help boost the company’s growth on international markets, in particular it will allow new investments in sales and in product innovation.

The management team remains unchanged: Renato Ancorotti, Chairman of the Board, Enrica Ancorotti, Co-Administrator and Marco Mazzola, Managing Director.

V.G.

Portfolio

  • Ancorotti Cosmetics' factory in Crema, Italy
  • Ancorotti Cosmetics' factory in Crema, Italy
© 2017 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
MakeUp in newYork hosted more than 3800 visitors, with a growth of 12% of international guests.

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, Canada, (...)

read more
job opportunities
Experts’ views
100% natural and biodegradable film former offers enhanced sun care protection

Brittany Pease
100% natural and biodegradable film former offers enhanced sun care protection

LexFilm Sun Natural MB is a multidimensional film-forming polymer which imparts superior water-resistance to sunscreens in comparison to leading synthetic polymers. This latest innovation addresses consumers’ demand for natural ecofriendly ingredients, while supporting brands in their new product development goals as they navigate (...)

read more
Webinars
E-shop - latest publications
Regulations on the registration of cosmetic products in China (part1)
135.00 € excl. tax
MARKET REPORT : Black & Multi-Hued Beauty Trends
4000.00 € excl. tax
Safety of perfumes and cosmetics. Belarus, Kazakhstan and Russia
200.00 € excl. tax
Go to top ↑

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