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Coty Goes On a Roll Buying Up Distributors

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By: Jamie Matusow

Editor-in-Chief


Coty Inc. expands distribution of its fragrance and beauty portfolio.
Parallel to its long-anticipated IPO filing on June 12, Coty Inc. has been focusing on spreading out globally, recently snagging two beauty product distributors, one in Asia, the other in Brazil. The global beauty company announced an agreement to acquire StarAsia, an established distributor of beauty products in the markets of Southeast Asia (Cambodia, Hong Kong, Indonesia, Malaysia, Singapore, Taiwan and Vietnam) from its current parent, Isibane Pte. Ltd. The transaction is expected to close this summer.

Coty Inc.’s new joint venture in Brazil with Frajo Internacional, a leading Brazilian cosmetics distributor, will distribute and market Coty mass/masstige brands in the retail channel.

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