Categories

Beiersdorf Acquires Chantecaille

On December 21, Beiersdorf announced on its official website that the company has acquired Chantecaille Beaute Inc.

It is reported that the enterprise value of Chantecaille’s business is approximately between 3.7 billion yuan and 4.3 billion yuan in accordance to its future development. The transaction is expected to close in the first quarter of 2022.

Founded in 1997 by Sylvie Chantecaille, Chantecaille offers innovative skin care, fragrance and cosmetic products based on botanical ingredients and combines effective formulations with a strong focus on sustainability and charity. Headquartered in New York, the company spread its business across the world and it is particularly popular in North America and Asia. In 2021, Chantecaille’s global sales are expected to exceed 600 million yuan.

Vincent Warnery, CEO of Beiersdorf, said that the acquisition of Chantecaille is a priority in the CARE+ strategy in company. This acquisition will strengthen the company’s reputation and investment in the beauty industry and accelerate its growth in North America and Asia.

Facebook
Twitter
LinkedIn
Pinterest

CHINA REGULATORIES

Subscribe for unlimited readership of the most professional, comprehensive and unbiased articles backed by data.
Starting at $8.33 per month if you subscribe a Pro Annual Plan

RECENT ISSUES

Beauty News

Industry News, Broadcast and Breakings

Industry Stats

In-depth Statistics from all aspects to dig out the sales, up and downs.

Consumer Research

Exclusive service to survey numerous consumers across the country and get the best expected results

Brand Analysis

Examine and analyse a brand in details to conclude a report showcasing the desired information

Niche Market Research

Study into the niche product market, producing whitepaper helpping business to understand the potential, development of a product and make decisions.

 

Retail / Distributor Finder

Help brand distribute in China.

Cosmetics/ Makeup Compliance

Help make your product legal in China

OEM/ODM Manufacturers

Know what's trending or find the best possible material / ingredient / product supplier

Scroll to Top

Subscribe Yearly Member to Read More