A BGF-backed magnificence model has purchased three excessive road manufacturers in a set of offers totalling £15m.
SLG Manufacturers, which is headquartered in Cheltenham, has acquired Amie Naturally Type Skincare, Johnny’s Chop Store Grooming and COLAB Dry Shampoo.
“We’re focussed on steady model innovation and world development while trying to take higher possession and management of the manufacturers that we create, function and construct,” stated SLG’s chief government Miles Dunkley.
“Each COLAB and Johnny’s Chop Store have been acquired to fulfil these targets.
“This strategy is paralleled with searching for out strategically suitable acquisition targets comparable to Amie Skincare the place we understand huge untapped industrial potential and clear market pattern relevance.”
Amie Skincare, which was beforehand headquartered in Peterborough, has retailed within the UK market since its launch in 2008 and is presently listed in Waitrose along with different territories around the globe. It additionally has a busy direct to client web site.
SLG’s chief industrial officer, Lucy Beresford stated: “Amie is an thrilling, related and extremely scalable addition to SLG’s model portfolio.
“We’re notably drawn to Amie’s ‘pure’ model DNA and its genuine backstory of being created by a mom for her daughter.”
The latest acquisitions come at a time when SLG Manufacturers is gaining traction with plenty of well-known retailers within the US.