M&A Deal Summary

LG Household & Health Care Acquires The Creme Shop

On April 21, 2022, LG Household & Health Care acquired consumer products company The Creme Shop

Acquisition Highlights
  • This is LG Household & Health Care’s 5th transaction in the Consumer Products sector.
  • This is LG Household & Health Care’s 2nd transaction in the United States.
  • This is LG Household & Health Care’s 1st transaction in California.

M&A Deal Summary

Date 2022-04-21
Target The Creme Shop
Sector Consumer Products
Buyer(s) LG Household & Health Care
Deal Type Add-on Acquisition
Advisor(s) Palm Tree (Financial)
Russ August & Kabat (Legal)

Target

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.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

LG Household & Health Care

Seoul, South Korea

Category Company
Founded 1947
Sector Consumer Products
Revenue 6.81T KRW (2024)
DESCRIPTION

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 5 of 5
Sector: Consumer Products M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-25 New Avon

New York, New York, United States

New Avon LLC (Avon North America) is the social selling beauty company in North America, with independent sales Representatives throughout the United States, Puerto Rico, and Canada. Avon North America's portfolio includes award-winning skincare, color cosmetics, fragrance, personal care, and health and wellness products featuring brands such as ANEW, Avon True Color, Espira, and Skin So Soft, as well as fashion and accessories.

Buy $125M