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Investegate announcements from Capvis AG, GOTHA COSMETICS TO EXPAND IN CHINA VIA ACQUSITION OF ICOLOR GROUP!
16.03.2022 GOTHA COSMETICS TO EXPAND IN CHINA VIA ACQUSITION OF ICOLOR GROUP! | Capvis AG | News | Nachricht | Mitteilung
The Italian contract manufacturer of color cosmetics has taken a majority stake in China’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,...