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    Top Companies Report

    International Top 30

    Related CONTENT
    • Unilever Rolls Out No-Rinse Hair Care
    • Unilever Discloses Fragrance with SmartLabel
    • Unilever Launches Love Home and Planet
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    • Unilever Buys Two P&G European Oral Care Brands
    08.02.19
    Unilever has been No. 1 on The International Top 30 ranking, since we published our first list in 1991. Through all of them, L’Oréal has been second, but the world’s biggest pure play cosmetics company is closing fast, thanks in large measure to a string of acquisitions in recent years.

    In fact, M&A is a big part of our International Top 30 article this year. A year ago, L’Oréal expanded in Korea with its acquisition of Nanda and Kao picked up ground in North America when it purchased Washing Systems LLC. Most recently, Beiersdorf purchased Coppertone. In between, Unilever picked up two P&G oral care brands and Natura made a big bet on international markets when it acquired Avon. In fact, sources say 2018 was a record year for M&A in the beauty space alone. Technology has leveled the playing field, enabling startups to compete with multibillion dollar companies on nearly equal footing in some categories, such as color cosmetics.

    Multinationals are scrambling as startups and technology reconfigure distribution channels. At the same time, private equity houses have had good success in the personal care space. Consumers want all new all the time and fast-moving indie companies can give women exactly what they want.

    No surprise then that most observers expect M&A activity to continue through 2019 and beyond as multinationals seek a fresh crop of indie innovators to flesh out their portfolios. As we went to press, L’Oréal confirmed it has entered in exclusive negotiation with the Clarins Group in view to acquire Mugler and Azzaro.

    As noted, Unilever and L’Oréal are Nos. 1 and 2 on our 2019 edition of The International Top 30. Rounding out the Top 10 are: Henkel, Kao, Shiseido, Reckitt Benckiser, Beiersdorf, LVMH, AmorePacific and LG.

    We hope you enjoy this edition of The International Top 30; be sure to compare it to The Top 50, our annual look at the biggest US manufacturers of household and personal products. You’ll find both of these popular features side by side on our website, Happi.com.

    1. Unilever
    The Netherlands  • $36.3 billion

    2. L’Oréal
    France  •  $31.7 billion

    3. Henkel
    Germany  •  $12.2 billion

    4. Kao
    Japan  •  $11.1 billion

    5. Shiseido
    Japan  •  $9.9 billion

    6. LVMH
    France  •  $7.1 billion

    7. Beiersdorf
    Germany  •  $6.9 billion

    8. Reckitt Benckiser
    United Kingdom • $6.4 billion

    9. AmorePacific
    South Korea  •  $5.7 billion

    10. LG
    South Korea  •  $5.2 billion

    11. Avon Products
    United Kingdom • $3.7 billion

    11. Chanel
    France  •  $3.7 billion

    13. Boticário Group
    Brazil  •  $3.6 billion

    13. Natura & Co.
    Brazil •  $3.6 billion

    15. GlaxoSmithKline
    United Kingdom  •  $3.3 billion

    16. Lion
    Japan  •  $3.1 billion

    17. Groupe Rocher
    France  • $2.8 billion

    18. Kosé
    Japan  •  $2.7 billion

    19. Pola Orbis
    Japan  •  $2.2 billion

    20. Puig
    Spain •  $2.1 billion

    21. Clarins
    France •  $1.9 billion

    22. L’Occitane
    Sweden • $1.6 billion

    23. Oriflame
    France • $1.5 billion

    23. Pierre Fabre
    France • $1.5 billion

    25. Lush
    United Kingdom • $1.2 billion

    26. Belcorp
    Peru • $1.1 billion

    27. Shanghai Jahwa
    China • $1.0 billion

    28. EuroItalia
    Italy • $956 million

    29. McBride
    United Kingdom • $867 million

    30. Sunstar
    Switzerland • $848 million
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    Related Top Companies Report

    • 30. Sunstar

      30. Sunstar

      Switzerland www.sunstar.com Sales: $848 million (estimated) for oral care, health and beauty products. Corporate sales: $1.2 billion. Key Personnel: Yoshihiro Kaneda, chairman; Takeshi Kamigouchi, chief executive officer. Major Products: Oral…
      08.02.19

    • 29. McBride

      29. McBride

      United Kingdom www.mcbride.co.uk Sales: $867 million. Key Personnel:  John Coleman, chairman; Rik De Vos, chief executive officer; Chris Smith, chief finance officer. Major Products: Household and personal care products. Comments: E…
      08.02.19

    • 28. Euroitalia

      28. Euroitalia

      Italy www.euroitalia.it Sales: $956 million (estimated). Key Personnel: Giovanni Sgariboldi, president. Major Products: Fine fragrances and makeup. Brands include Versace, Moschino, Missoni, Dsquared2 and Report fragrances and Naj Oleari Be…
      08.02.19


    • 27. Shanghai JahWa

      27. Shanghai JahWa

      China www.jahwa.com Sales: $1 billion. Key Personnel: Zhang Dongfang, chairman and chief executive officer. Major Products: Skin care, personal care and home care. Brands include Vive, Dr. Yu, Giving, HomeAegis. Herborist, GF, Liushen. N…
      08.02.19

    • 26. Belcorp

      26. Belcorp

      Peru www.belcorp.biz Sales: $1.1 billion. Key personnel: Erika Herrero, chief executive officer. Major Products: Beauty products. Brands include L’Bel, Ésika and Cyzone. Comments: Belcorp, based in Peru, recently invested in…
      08.02.19

    • 25. Lush

      25. Lush

      United Kingdom www.lush.com Sales: $1.2 billion. Key Personnel: Mark Constantine, co-founder and managing director; Mo Constantine, co-founder and director; Rowena Bird; co-founder and makeup creator; Gabbi Loedolff, head of raw materials and…
      08.02.19


    • 23. Pierre Fabre

      23. Pierre Fabre

      France ww.pierre-fabre.com Sales: $1.5 billion for cosmetics. Corporate sales: $2.6 billion. Key Personnel: Pierre-Yves Revol, chairman of the Pierre Fabre Foundation; Eric Ducournau, group chief executive officer; Núria Perez-Cullell,…
      08.02.19

    • 23. Oriflame

      23. Oriflame

      Sweden www.oriflame.com Sales: $1.5 billion. Key Personnel: Magnus Brännström, chief executive officer and president; Gabriel Bennet, chief financial officer; Jesper Martinsson, deputy CEO, head of GBAs CIS, Latin America and geograp…
      08.02.19

    • 22. L’Occitane

      22. L’Occitane

      France www.loccitane.com Sales: $1.6 billion. Key Personnel: Reinold Geiger, executive director, chairman and chief executive officer; Silvain Desjonquères, group managing director; André Hoffmann, executive director and vice cha…
      08.02.19


    • 21. Clarins

      21. Clarins

      France www.clarins.com Sales: $1.9 billion. Key Personnel: Christian Courtin-Clarins, president, supervisory board; Dr. Olivier Courtin-Clarins, managing director; Jonathan Zrihen, chief executive officer. Major Products: Clarins, My Blend…
      08.02.19

    • 20. Puig

      20. Puig

      Spain www.puig.com Sales: $2.1 billion for cosmetics. Corporate sales: $2.2 billion. Key Personnel: Marc Puig Guasch, chairman and chief executive officer; Javier Bach, chief operating officer; Manuel Puig Rocha, vice chairman; Ana Trias, seni…
      08.02.19

    • 19. Pola Orbis

      19. Pola Orbis

      Japan www.po-holdings.co.jp Sales: $2.2 billion. Key Personnel: Satoshi Suzuki, representative director and president; Naoki Kume, director and vice president; Akira Fujii, director; Yoshikazu Yokote, director; Hideki Komoto, corporate auditor…
      08.02.19

    • 18. Kosé

      18. Kosé

      Japan www.kose.co.jp Sales: $2.7 billion for cosmetics. Corporate sales: $3.3 billion. Key Personnel: Kazutoshi Kobayashi, president and chief executive officer; Jiro Nakabayashi, senior executive officer; Tadanobu Hayashi, executive officer;…
      08.02.19

    • 17. Groupe Rocher

      17. Groupe Rocher

      France www.groupe-yvesrocher.com Sales: $2.8 billion. Key Personnel: Bris Rocher, chairman and chief executive officer; Yann-Eitenne Le Gall, deputy chief executive officer, human resources, communication and organization. Major Products: Yve…
      08.02.19

    • 16. Lion

      16. Lion

      Japan www.lion.co.jp Sales: $3.1 billion. Key Personnel: Itsuo Hama, chairman of the board of directors, chief executive officer; Masazumi Kikukawa, representative director, president and executive officer, chief operating officer; Kenjiro Kob…
      08.02.19

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