Yesterday, Innovative Beauty Group (IBG) has been acquired by Fremman Capital, a prominent European private equity firm. This strategic acquisition marks a new chapter for IBG as it transitions from its previous shareholder, Albéa Group. The move is set to accelerate IBG’s expansion and bolster its innovative capabilities across a range of market segments.
Fremman Capital is known for investing in high-potential companies, with a strong focus on sustainability and innovation. This alignment promises to drive mutual growth and innovation.
“IBG is a leader in the beauty industry with a strong track record of innovation and sustainable business practices,” stated Olivier de Vregille, Co-Founder at Fremman Capital. “We are excited to support IBG in its next phase of growth and to work together to drive further advancements in beauty and personal care offerings.”
Xavier Leclerc de Hauteclocque, CEO of Innovative Beauty Group, expressed gratitude towards Albéa Group for their support over the years and enthusiasm for the future with Fremman Capital. “In this next chapter, we look forward to a bright future with Fremman Capital, a partner that shares our values and passion for people and service. As always, we remain dedicated to delivering exceptional beauty products and packaging solutions to our valued clients across the globe.”
It is reported that IBG’s business scope includes cosmetics production, packaging, and supply, and it is dedicated to developing innovative and popular beauty products for brands, retailers, and wholesalers. IBG has three brands: Orchard Custom Beauty, Fasten Packaging, and Roberts Beauty. IBG has offices in Shanghai, Los Angeles, New York, Toronto, the Netherlands, and Paris.
