09.15.21
LG Household & Health Care Ltd., a division of LG in Korea, has closed its deal to acquire a 56% stake in Boinca Inc., the US manufacturer that owns hair care brand Arctic Fox. The deal was valued at $100 million, according to Brutzkus Gubner, which represented Boinca in the deal.
Arctic Fox is best known for its vibrant, long-lasting, semi-permanent hair dyes that are vegan and cruelty-free. Launched 2014 the range, is a bestseller on Amazon and other leading beauty retailers and has strong social media presence.
Arctic Fox is best known for its vibrant, long-lasting, semi-permanent hair dyes that are vegan and cruelty-free. Launched 2014 the range, is a bestseller on Amazon and other leading beauty retailers and has strong social media presence.