THE WHAT? Apollo Global Management is said to be putting together an offer for UK-based THG, according to a report published by Sky News, and has bought the former CEO of Coty, Camillo Pane, on board to help draw it up.
THE DETAILS Tony Buffin, former CEO of Holland & Barrett has also been linked to the deal as an advisor. The deadline for bids set by the Takeover Panel is May 15, 2023.
THE WHY? The owner of Cult Beauty has suffered since its flotation on the London stock exchange, and the board is widely expected to recommend a sale to either Apollo or another bidder, Sky reports.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add 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.
