THE WHAT? Puig, a Spanish cosmetics company, has acquired a majority stake in Dr. Barbara Sturm, a German skincare brand. The financial terms of the deal were not disclosed. Dr. Barbara Sturm, the founder, will maintain a minority stake in her company, which she founded in 2014.
THE DETAILS Dr. Barbara Sturm’s brand specializes in anti-inflammatory skincare products and operates spas and boutiques in several major cities, such as London, New York, Miami, and Los Angeles. The brand has received celebrity endorsements, including from Kim Kardashian.
THE WHY? This acquisition is part of Puig’s strategy to expand its presence in the premium skincare market and the U.S. market. It aligns with Puig’s broader goal of increasing its sales to 4.5 billion euros by 2025 and its consideration of a public stock offering as a means to attract new investors and expand its operations.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
-
Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
-
Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
-
Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
-
Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
-
Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
-
Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
-
Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
-
Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.