Breaking News

Radiancy Acquires Distributor For No!No! Products

August 2, 2013

BRAZIL: PhotoMedex’s Radiancy subsidiary has acquired LK Technology Importaçăo E Exportaçăo, a privately-held distributor in Brazil, and plans to begin marketing and selling its No!No! products in Brazil as early as the third quarter of 2013. Total consideration of the transaction is $100,000 plus profits resulting from LK’s legacy activity during a transition period, the company said.

LK has been selling Radiancy’s professional line of products in Brazil. The local manager of LK will remain in his position, according to Radiancy.

The market for aesthetic products in Brazil is estimated to be growing rapidly, and was the third largest market behind the US and Japan with total sales of $24 billion in 2011, a gain of 47% over 2010 across the aesthetic category, according to research performed for PhotoMedex by Fess’Kobbi, a Brazilian advertising agency.
blog comments powered by Disqus
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Restoring Rembrandt

    Restoring Rembrandt

    Christine Esposito, Associate Editor||September 26, 2016
    Ranir LLC has acquired Rembrandt, an iconic name in teeth whitening, and plans to make it a staple in the value segment.

  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • What

    What's In Your Formula?

    Christine Esposito, Associate Editor||September 1, 2016
    A look at the ingredients beauty brands are using to fuel their formulations and capture consumers’ attention.

  • A Sweet-Smelling Sanctuary

    A Sweet-Smelling Sanctuary

    Melissa Meisel, Associate Editor||September 1, 2016
    Home fragrance is enhanced by aromatic developments in delivery and components.