China’s leading multi-brand beauty group Joy Group (Shanghai Juyi Cosmetics Co., Ltd.) has completed its acquisition of Foltène, a dermatological hair care brand from Italy.
Founded in Milan in 1944, Foltène is renowned for its scientific heritage and pioneering innovation. The brand developed two proprietary active complexes, Tricosaccaride and Tricalgoxyl, which promote thicker, fuller, and healthier-looking hair. Foltène’s core product portfolio focuses on the healthy growth and repair of hair and keratin, covering a wide range of categories including anti-hair loss ampoules, gender-specific anti-hair loss shampoos, eyebrow and eyelash serums, and nail repair essences.
Today, the brand is sold in more than 30 countries.
The acquisition covers Foltène’s entire brand business, including the brand assets, its global distribution network, and research laboratory located in Italy.
"As awareness of scalp and hair health continues to rise, we see immense growth opportunities ahead. With its solid scientific heritage, leading proprietary technologies, and comprehensive product portfolio, Foltène has earned the trust and recognition of consumers across the globe. This acquisition enhances our footprint in the hair and scalp care sector and enables us to bring advanced, science-backed solutions to more consumers," said Allan Liu, Chairman and CEO of Joy Group.
Joy Group’s product portfolio already spans multiple cosmetic categories, including colour cosmetics, hair and scalp care, and dermatological skincare. Its brands include Judydoll, Joocyee, Biophyto Genesis, René Furterer (China business), and now Foltène.
