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Gotha Cosmetics takes over majority stake in iColor Group to expand in China

The Italian contract manufacturer of color cosmetics has taken a majority stake in Chinaโ€™s cosmetic formulation and filling company iColor Group with the aim to expand its global footprint. Gotha Cosmetics sets foot in China through a majority investment in iColor Group, a cosmetic formulation and filling company headquartered in Shanghai. Financial details were not disclosed, but the operation marks a key milestone in the international expansion of the Italian company. Created in 2005,......
Paolo Valsecchi Gotha Group Color Group Gotha Cosmetics

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