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Hypermarcas Expands Skin Care Stable

Buys Mantecorp, maker of Episol sun and Epidrat skin care.

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By: TOM BRANNA

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Hypermarcas SA—the Brazilian manufacturer of household and personal care products including Monange shampoos and conditioners and Assim floor care produts—says it will acquire Mantecorp Industria Quimica & Farmaceutica SA in deal valued at approximately $1.5 billion.

Incorporated in 2006 as an independent organization after 17 years of partnership with the Schering-Plough, drugmaker Mantecorp also manufactures personal care products such as the Episol sun-protection range and Epidrat skin and hair care, as well as OTC medications.

Hypermarcas has been busy on the acquisition front in 2010, acquiring generic-drug manufacturer Laboratorio Neo Quimica, diaper-maker Sapeka and recently, the Pom Pom children’s soap brand from Colgate-Palmolive.

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