• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Formulary
    • Exclusives
    • Top Companies
    • Raw Materials
    • End-User
    • Packaging
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Formulary
  • Exclusives
  • Top Companies
  • Raw Materials
  • End-User
  • Packaging
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    A Conversation with the Responsible Flushing Alliance

    Nice-Pak Meets Consumer Demands

    Wipes Manufacturers Meet Demand Surge

    Home Care Wipes: Sustainability in Sharper Focus as Cleaning Frenzy Simmers Following Pandemic

    Formulating with Alternatives In Personal Care Products
    Online Exclusives
    Association News
    Breaking News
    Financial News
    Industry News
    International
    Marketing News
    New Products
    News Front
    Packaging News
    Patents
    Personnel
    Regulations
    Snapshots
    Top News
    Live From Shows
    Top News
    What You’re Reading on Happi.com

    Mushrooms Are Key Ingredients in Beauty & Wellness

    Admix Appoints COO to Advance Manufacturing, Supply Chain & Regulatory Compliance

    Industry Responds to CDC Updated Guidelines for Cleaning & Disinfecting

    Lubrizol Unveils Lapagyl Advanced Botanical Ingredient
    Blog
    Online Exclusives
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    HappiTV
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    18. Elizabeth Arden

    22. L’Occitane

    13. Church & Dwight

    31. Energizer Holdings

    20. Jarden
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    What You’re Reading on Happi.com

    Mushrooms Are Key Ingredients in Beauty & Wellness

    Lubrizol Unveils Lapagyl Advanced Botanical Ingredient

    Wellness Market Gains on Skin Care, Nutrition Sales

    Society of Cosmetic Chemists Issues Call for Papers
    Air Care/Environmental Fragrance
    AP/Deo
    Color Cosmetics
    Disinfectants
    Fine Fragrance
    Hair Care
    Household Cleaning
    I&I Marketplace
    Laundry Care
    Oral Care
    OTC/Medicated
    Packaging
    Personal Cleansers
    Skin Care
    Sun Care
    Testing

    What You’re Reading on Happi.com

    Mushrooms Are Key Ingredients in Beauty & Wellness

    Industry Responds to CDC Updated Guidelines for Cleaning & Disinfecting

    Lubrizol Unveils Lapagyl Advanced Botanical Ingredient

    European Wax Center Tackles the ‘Between’ Routine
    Lab Equipment
    Mixing
    Packaging
    Testing

    Admix Appoints COO to Advance Manufacturing, Supply Chain & Regulatory Compliance

    Tesco Eliminates Plastic Bags from Online Orders

    Hourglass To Launch Sustainable Cosmetics Line

    Carbon Data for Personal Care Labels

    L’Oréal Hong Kong Launches Cross-Brand Recycling Program
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New Company
    Corporate Profiles
    International Buyers Guide Companies
    Vantage Specialty Ingredients

    Centerchem Inc

    LipoTrue Inc.

    Baralan USA

    Jeen International
    Live From Shows
    Meetings
    Webinars
    Snapshots
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Formulary
    • Directories
      • Buyer's Guide
      • Contract Manufacturing / Private Label Directory
      • Corporate Profiles
      • Add Your Company
    • Raw Materials
      • Actives
      • Functional Ingredients
      • Pigments
      • Polymers
      • Preservatives
      • Surfactants
    • End-User
      • Air Care/Environmental Fragrance
      • AP/Deo
      • Color Cosmetics
      • Disinfectants
      • Fine Fragrance
      • Hair Care
      • Household Cleaning
      • I&I Marketplace
      • Laundry Care
      • Oral Care
      • OTC/Medicated
      • Packaging
      • Personal Cleansers
      • Skin Care
      • Sun Care
      • Testing
    • Packaging
      • Lab Equipment
      • Mixing
      • Packaging
      • Testing
    • Top Companies
      • International Top 30 Report
      • Top 50 Report
    • Online Exclusives
    • Experts Opinion
    • Slideshows
    • HappiTV
    • Videos
    • Podcasts
    • eBook
    • Infographics
    • Blog
    • Whitepapers
    • Surveys
      • R & D Salary Survey
      • Sales & Marketing Salary Survey
    • Job Banks
    • Events
      • Industry Events
      • Live from show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    LG To Acquire New Avon North America

    ...

    Related CONTENT
    • Regulation Exploration
    • Color the World
    • LG H&H To Acquire New Avon
    • Avon To Sell China Manufacturing Operation
    • Avon Sells China Manufacturing Operation
    06.03.19
    LG Household & Health Care, Ltd. has announced that it has entered into a definitive agreement with an affiliate of Cerberus Capital Management, L.P. and Avon Products, Inc. to acquire New Avon, LLC (Avon North America) for $125 million in cash. LG H&H will acquire the entirety of Cerberus’ majority interest and Avon Worldwide’s minority interest in Avon North America. The transaction has been approved by the LG H&H Board of Directors.


    The addition of Avon’s iconic brand, award-winning products, dedicated employee base and network of 250,000 sales representatives throughout North America will support LG H&H’s international growth plans, the company said in a statement. Under LG H&H’s ownership, Avon North America will continue its strategy of product innovation, while strengthening its position as the leading social selling beauty company in the region. Avon North America is expected to benefit from LG H&H’s world-class R&D capabilities in cosmetics, personal care, fragrance, packaging and design.


    “We recognize Avon North America’s strong brand, leading market position in the region, and talented employees and Representatives. Avon North America’s innovative social selling model builds deep connections with customers and we are excited to leverage this as we continue to expand. We look forward to building on Avon North America’s success to drive customer engagement and long-term growth in this market,” said Suk Cha, CEO of LG Household & Health Care.


    “LG H&H respects and admires our strong community of representatives, and supports our mission to empower women through economic opportunity,” said Laurie Ann Goldman, CEO of Avon North America. “We are thrilled to welcome our new partner, who shares our commitment to innovation, and our clear focus on putting customers first. We have appreciated our partnership with Cerberus over the last three years and their support as we strengthened the company and reset our path toward long-term success.”


    The transaction is expected to close on Sept. 30.
    Related Searches
    • new avon
    • global
    • personal care
    • women
    Related Knowledge Center
    • Skin Care
    • Color Cosmetics
    Suggested For You
    Regulation Exploration Regulation Exploration
    Color the World Color the World
    LG H&H To Acquire New Avon LG H&H To Acquire New Avon
    Avon To Sell China Manufacturing Operation Avon To Sell China Manufacturing Operation
    Avon Sells China Manufacturing Operation Avon Sells China Manufacturing Operation
    Avon Products Hires Piccolo as VP Avon Products Hires Piccolo as VP
    Peptides in a Hair Treatment Peptides in a Hair Treatment

    Related Breaking News

    • Color Cosmetics | Pigments | Polymers
      Chanel Launches Plumping Lipstick

      Chanel Launches Plumping Lipstick

      Rouge Coco Bloom's hydrating formula leaves lips looking fuller and ultra-shiny.
      Tom Branna, Editorial Director 04.11.21

    • Actives | Color Cosmetics | Functional Ingredients | Household Cleaning | Skin Care
      What You’re Reading on Happi.com

      What You’re Reading on Happi.com

      The most-viewed news on our site for the week ended April 10, 2021.
      Tom Branna, Editorial Director 04.11.21

    • Actives | Functional Ingredients | Skin Care
      Mushrooms Are Key Ingredients in Beauty & Wellness

      Mushrooms Are Key Ingredients in Beauty & Wellness

      New data from Spate show growing consumer interest in mushroom-derived materials.
      Tom Branna, Editorial Director 04.10.21


    • Functional Ingredients | Skin Care
      Lubrizol Unveils Lapagyl Advanced Botanical Ingredient

      Lubrizol Unveils Lapagyl Advanced Botanical Ingredient

      Promotes slower skin aging and younger appearance.
      Charles Sternberg, Assistant Editor 04.09.21

    • Color Cosmetics | Hair Care | Personal Cleansers | Skin Care
      Henkel Appoints New EVP of Beauty Care

      Henkel Appoints New EVP of Beauty Care

      Wolfgang König succeeds Jens-Martin Schwärzler on June 1.
      Tom Branna, Editorial Director 04.09.21

    • Actives | Personal Cleansers | Skin Care
      Wellness Market Gains on Skin Care, Nutrition Sales

      Wellness Market Gains on Skin Care, Nutrition Sales

      The $1.5 trillion global market for fitness, nutrition and related products is growing 5-10%, says McKinsey.
      Tom Branna, Editorial Director 04.09.21


    • Color Cosmetics
      IBA Stands Against Animal Testing of Cosmetics

      IBA Stands Against Animal Testing of Cosmetics

      Responds to the recent ‘Save Ralph’ video produced by the Humane Society International.
      Charles Sternberg, Assistant Editor 04.08.21

    • Actives | Color Cosmetics | Functional Ingredients | Hair Care | Personal Cleansers | Pigments | Polymers | Preservatives | Skin Care | Sun Care | Surfactants | Testing
      Society of Cosmetic Chemists Issues Call for Papers

      Society of Cosmetic Chemists Issues Call for Papers

      Annual meeting set for December 14 & 15 in New York City. Deadline for submission is May 15.
      Tom Branna, Editorial Director 04.08.21

    • Actives | Skin Care
      BASF Debuts Sacred Patch for Skin Care

      BASF Debuts Sacred Patch for Skin Care

      A new active ingredient that helps boost emotional well-being in beauty products.
      Charles Sternberg, Assistant Editor 04.08.21


    • Color Cosmetics
      MAC Cosmetics Expands Studio Radiance Foundation

      MAC Cosmetics Expands Studio Radiance Foundation

      More hue options for face and body in radiant sheer makeup formulations.
      Melissa Meisel, Associate Editor 04.08.21

    • Color Cosmetics | Hair Care
      ArtistOnGo Salon Appointment Beauty App Launches in US

      ArtistOnGo Salon Appointment Beauty App Launches in US

      Allows artists to rent a chair at top locations with flexible and affordable pricing for both hair care and skin care.
      Melissa Meisel, Associate Editor 04.08.21

    • Air Care/Environmental Fragrance | Skin Care
      Eco Lips Expands Into Bug Sector with Simply Soothing Acquisition

      Eco Lips Expands Into Bug Sector with Simply Soothing Acquisition

      Bug spray, bite soother and candle maker’s products are found in 10,000 retail locations across the US.
      Christine Esposito, Managing Editor 04.07.21


    • Color Cosmetics
      In-Cosmetics Launches Dedicated Digital Space—Discover

      In-Cosmetics Launches Dedicated Digital Space—Discover

      Allows the beauty and personal care industry to share and promote new ingredients and innovations.
      Charles Sternberg, Assistant Editor 04.07.21

    • Skin Care
      Reese Witherspoon is New Ambassador for Clean Beauty Brand Biossance

      Reese Witherspoon is New Ambassador for Clean Beauty Brand Biossance

      Amyris signs multi-year partnership with the actress to create engaging and educational content.
      Christine Esposito, Managing Editor 04.07.21

    • Color Cosmetics
      SC Johnson Hits Milestone for Eco-Conscious Sustainable Packaging

      SC Johnson Hits Milestone for Eco-Conscious Sustainable Packaging

      Stops its one billionth plastic bottle from entering the ocean with Plastic Bank partnership.
      Melissa Meisel, Associate Editor 04.06.21

    Trending
    • Henkel Appoints New EVP Of Beauty Care
    • Sunscreen On The Spot
    • BASF Debuts Sacred Patch For Skin Care
    • Formulating Liquid Laundry Detergents
    • Tide Encourages Everyone To #TurnToCold
    Breaking News
    • Guangzhou Builds Beauty Park To Woo L'Oréal, Estée Lauder
    • Chanel Launches Plumping Lipstick
    • What You’re Reading on Happi.com
    • Mushrooms Are Key Ingredients in Beauty & Wellness
    • Admix Appoints COO to Advance Manufacturing, Supply Chain & Regulatory Compliance
    View Breaking News >
    CURRENT ISSUE

    Household & Personal Care Wipes Spring 2021

    • A Conversation with the Responsible Flushing Alliance
    • Nice-Pak Meets Consumer Demands
    • Wipes Manufacturers Meet Demand Surge
    • Home Care Wipes: Sustainability in Sharper Focus as Cleaning Frenzy Simmers Following Pandemic
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Kyowa Hakko Launches Heat-Treated Probiotic Strain for Eye Health
    CGA-7 Green Coffee Extract by Vidya Herbs Achieves Self-Affirmed GRAS Status
    Nutritional Complex Evidenced to Reduce Preterm Birth
    Coatings World

    Latest Breaking News From Coatings World

    Chromaflo Technologies to Sponsor and Exhibit at the North American Pultrusion Conference 2021
    Barentz Expands Canadian CASE Team
    Shepherd Color Company Opens Sales Office in China
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    CMS Establishes New Payment for Pelvalon’s Eclipse System
    Varian, Google Cloud Partner to Bring Convenience to Cancer Therapy
    Resonetics Leases New Manufacturing Space in Costa Rica
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Frontage Expands Capabilities at its Clinical Site in Secaucus, NJ
    Ascendia Pharmaceuticals Poised for Expansion
    Bora Pharmaceuticals Adds Roller Compaction Capabilities
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Revlon Unveils New Fragrances Featuring Megan Thee Stallion & Sofia Carson
    Henkel Management Board Welcomes Wolfgang König
    Mielle Organics Gets a Major Investment
    Happi

    Latest Breaking News From Happi

    Nature’s Beauty Debuts Vegan Natural Body Care at Walgreens
    Estée Lauder Expands Beautiful Fragrance Collection
    Guangzhou Builds Beauty Park To Woo L'Oréal, Estée Lauder
    Ink World

    Latest Breaking News From Ink World

    SE-DA Invests in Kornit Presto S
    Kumon North America Adds Speedmaster XL 106 from Heidelberg
    Iron Oxide Pigments Market to Register 4.7% CAGR from 2021 to 2028: GVR
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Dantex elevates Joseph Sanchez to digital business development manager
    Mactac's Kevin Clunie joins TLMI panel
    MacDermid announces two new global sales roles
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Precision Textiles Offers Biodegradable Medical Fabric
    Northshore Launches Megamax Briefs in New Colors
    Essity Acquires Distribution Rights to Sorbact in Australia and New Zealand
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    New Biosealant Could Stabilize Cartilage, Boost Healing After Injury
    Google Executive Joins SeaSpine's Board of Directors
    HSS and LimaCorporate Open Provider-Based 3D Design and Printing Facility
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Tive Multi-sensor Tracker Solo 5G Relies on Sensirion SHT33
    VTT in 2020: Successful Year Despite Globally Challenging Times
    Lux Research: 3D Printing Market to Reach $51 Billion in 2030

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login