Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Revlon Sells Non-Core Brazilian Brands - Beauty Packaging

What are you searching for?

Sign in
Beauty Industry

Revlon Sells Non-Core Brazilian Brands

$104 million transaction for Bozzano, more

Author Image

By: Jamie Matusow

Editor-in-Chief

Revlon, Inc. announced the sale of its non-core Bozzano brand, a men’s hair care and shaving line, and certain other non-core brands sold in the Brazilian market. The transaction was effected through the sale of the company’s Brazilian subsidiary to Hypermarcas, S.A., a Brazilian diversified consumer products corporation.

The gross purchase price was approximately $104 million in cash. In the results for the third quarter of 2008, Revlon expects to record a one-time gain from this transaction of approximately $50 million.

Revlon brand color cosmetics will continue to be marketed in Brazil through its current third party distributor.

Add us as a preferred source on Google

Get the latest Beauty Packaging news, insights and analysis in your Google Search and AI experiences.

Add Beauty Packaging as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Beauty Packaging Newsletters