THE WHAT? Blackstone is said to be carrying out due diligence in advance of making an offer to buy out L’Occitane. The private equity firm is rumored to be working with the French natural cosmetics firm’s Chairman, Reinold Geiger, to prepare a joint bid.
THE DETAILS According to a report published by Bloomberg, shares in the owner of Elemis and Sol de Janeiro surged 15 percent on the back of the whispers. The company is valued at approximately US$5.4 billion.
THE WHY? Both companies declined to comment when contacted by Bloomberg. Geiger owns more than 70 percent of L’Occitane via an investment vehicle, the news agency reveals, and has considered taking the firm private in order to relist in Europe.
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:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
