In Brief
This article was originally published in The Rose Sheet
Executive Summary
Markwins finishes acquiring Physicians Formula; L’Oreal opens its second hair-color plant in Mexico. More news in brief.
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Physicians Formula Goes To Wet N Wild Owner Markwins For $75 Mil.
Markwins International has acquired Physicians Formula Holdings, offering roughly $10 million more than previous suitor Swander Pace Capital. The merger “will strengthen the combined portfolio of brands,” Physicians Formula CEO Ingrid Jackel says.