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IBG (Innovative Beauty Group) was acquired by Fremman Capital, a European private equity firm. The strategic acquisition begins a new chapter for IBG, as the company departs from its previous shareholder, Albéa Group. The move enables IBG to accelerate its expansion and enhance its innovative capabilities across a range of market segments, according to the companies.
Fremman Capital invests in high-potential companies. The firm’s focus on sustainability and innovation aligns closely with IBG’s core values and business practices.
Supported by Fremman, IBG will have the resources needed to flourish in the beauty and personal care market, opening new strategic opportunities. As before, IBG will continue to develop turnkey solutions for the beauty brands and retailers under the Orchard Custom Beauty brand, supported by the recent acquisition of Roberts Beauty. Additionally, it will continue to pursue the development of its innovative packaging solutions under its Fasten Packaging brand while developing its own brands in collaboration with retailers or celebrities. Each of these business lines will feature a strong focus on supporting IBG customers to reach their sustainability ambitions.
“IBG is a leader in the beauty industry with a strong track record of innovation and sustainable business practices,” said Olivier de Vregille, Co-Founder at Fremman Capital. “We are excited to support IBG in its next phase of growth and to work together to drive further advancements in beauty and personal care offerings.”
“We extend our utmost gratitude to Albéa Group for their support and collaboration over the years,” said Xavier Leclerc de Hauteclocque, CEO of Innovative Beauty Group. “In this next chapter, we look forward to a bright future with Fremman Capital, a partner that shares our values and passion for people and service. As always, we remain dedicated to delivering exceptional beauty products and packaging solutions to our valued clients across the globe.”
IBG clients, partners and employees will experience no disruption in service during this transition. The company remains committed to maintaining the highest standards of quality, innovation and customer service that have been a cornerstone of its success.
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