Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue May 2015
 •  Less Hot Air from L'Oréal USA  •  Revlon Buys CB Beauty  •  New CEO at BASF Corp.  •  Summer's Here...Who's Got Your Back?  •  Annual Sales Rise 3% At Herbalife
Print

Unilever Completes Tigi Acquisition



Published November 30, -0001
Post a comment
In early 2009, Unilever announced that it has signed an agreement to acquire the global Tigi professional hair product business and its supporting advanced education academies for a cash consideration of $411.5 million. The deal is now complete. Tigi will operate as a stand-alone global business unit within Unilever, reporting to Michael B. Polk, president, Unilever Americas.

Tigi’s major brands include Bed Head, Catwalk and S-Factor. TIGI has operations in the U.S., UK, Italy, Germany and Australia, employs about 550 people and in 2008, had worldwide sales of approximately $250 million, with almost half coming from the United States.


blog comments powered by Disqus