M&A Deal Summary |
|
|---|---|
| Date | 2019-04-25 |
| Target | New Avon |
| Sector | Consumer Products |
| Buyer(s) | LG Household & Health Care |
| Sellers(s) |
Cerberus Capital Management
Avon Products |
| Deal Type | Add-on Acquisition |
| Deal Value | 125M USD |
| Advisor(s) | Kirkland & Ellis (Legal) |
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| Category | Company |
|---|---|
| Founded | 1947 |
| Sector | Consumer Products |
| Revenue | 6.80T KRW (2023) |
LG Household & Health Care manufactures and sells households goods, cosmetics, and beverages primarily in Korea. LG Household & Health Care was founded in 1947 and is based in Seoul, South Korea.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector (Consumer Products) | 4 of 5 |
| Type (Add-on Acquisition) | 4 of 5 |
| State (New York) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-25 |
Avon Products
Tokyo, Japan Avon Products is a global manufacturer and marketer of beauty and related products. Its products fall into three product categories: beauty, fashion, and home. Beauty consists of color cosmetics, fragrances, skincare, and personal care. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-21 |
The Creme Shop
Los Angeles, California, United States The Creme Shop is focused on researching and developing beauty products in a humble office tucked away in Downtown, Los Angeles, California. The company continues to design and manufacture eyelashes and a plethora of new beauty products that advance the beauty world. With factories in the U.S. and overseas (i.e. South Korea), it aims to provide quality products from around the globe. The Creme Shop was formed in 1988 and is based in Los Angeles, California. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1992 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Cerberus Capital Management is a private investment firm that targets a wide range of global investments. Cerberus primarily looks for undervalued or distressed situations. Industry sectors of interest include aerospace and defense, apparel, automotive and industrial, building products, commercial services, consumer and retail, financial services, healthcare, manufacturing and distribution, paper, packaging, and printing, real estate, technology, telecommunications, transportation, and travel. In addition to private equity investing, Cerberus also provides corporate credit and acquires real estate. Cerberus was formed in 1992 by Steve Feinberg and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 54 |
| Sector (Consumer Products) | 1 of 2 |
| Type (Add-on Acquisition) | 20 of 27 |
| State (New York) | 4 of 4 |
| Country (United States) | 30 of 36 |
| Year (2019) | 1 of 3 |
| Size (of disclosed) | 9 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-12-12 |
Sparton
De Leon Springs, Florida, United States Sparton Corp. is a provider of complex and sophisticated electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, field service, and refurbishment. The primary markets served are Medical & Biotechnology, Military & Aerospace, and Industrial & Commercial. Sparton was founded in 1900 and is based in De Leon Springs, Florida. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-02 |
Frontier Spinning
Sanford, North Carolina, United States Frontier Spinning is a large U.S.-based producers of cotton and cotton/polyester blend yarns for the knitting and weaving industries and holds market-leading positions in open-end and air-jet spinning. Offering a diverse product line to fulfill the demands of customers worldwide, the yarn produced by Frontier Spinning is used in sportswear, undergarments, socks, sweaters, fleece, denim, and home furnishings. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1886 |
| Sector | Consumer Products |
| Employees | 23,000 |
| Revenue | 5.7B USD (2019) |
Avon brings beauty to the lives of women all over the world. At Avon, beauty means finding the right lipstick shade for a customer; providing an earnings opportunity so a woman can support her family; and enabling a woman to get her first mammogram. It’s about championing economic empowerment and improving the lives of women around the world. Avon Products was founded in 1886 and is based in London, the United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector (Consumer Products) | 6 of 6 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (New York) | 2 of 2 |
| Country (United States) | 3 of 3 |
| Year (2019) | 2 of 2 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-01-08 |
Avon Products - Beauty Manufacturing Operation
Guangzhou, China Avon Products - Beauty Manufacturing Operation is a provider of beauty and consumer goods. |
Sell | $44M |
