The Italian manufacturer of colour cosmetics continues its series of acquisitions with the take-over of Beauty Rain Srl, which specialises in the assembly of make-up components.
Based in Chieve, near Cremona, in the heart of Italy’s main cosmetic industrial cluster, Beauty Rain was founded almost 20 years ago by the Scandelli family. With a total workforce of about 80 staffs, the company has created innovative automated industrial solutions.
With this operation, Gotha is proceeding with its integration plan of its most strategic production processes. It comes on the heels of the acquisition in 2022 of iColor Group, a Chinese make-up and skincare company with two main sites in Shanghai and Suzhou, and of Mia Cosmetic, and Italian filling company specialized in hot-poured, foundation, mascara, gloss, and highlighter products.
“This acquisition allows us to consolidate our technical and industrial know-how by insourcing some assembling activities, accelerating the process of integration and simplification of the supply chain. This is a further step in the company’s enlargement of its production processes started with the acquisition of Mia Cosmetics,” said Paolo Valsecchi, CEO of Gotha Cosmetics.