Beiersdorf has successfully completed the acquisition of Chantecaille Beaute Inc. Effective 01 February 2022, the global Chantecaille business will be transferred to the Beiersdorf Group. As part of the Consumer segment, the company will continue to operate separately as a complementary selective brand within the Beiersdorf Group. The closing will take place only five weeks after the announcement of the planned transaction on 21 December 2021, after all necessary conditions have been met.
„Today's completion of the Chantecaille transaction is another important milestone in the realisation of our C.A.R.E.+ strategy. Chantecaille complements our portfolio in the prestige cosmetics segment with innovative skincare, cosmetics and fragrance products based on botanical ingredients. In addition, the new brand further accelerate our growth in the North American and Asian markets„ said Patrick Rasquinet, Chief Pharmacy & Selective Officer. „I am convinced that together with his dedicated team, we will take Chantecaille to the next level and continue to develop the brand as a leading natural beauty company.“
Source: Beiersdorf
