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Business

Yellow Wood acquires ChapStick from Haleon

Private equity firm Yellow Wood Partners has signed a binding offer to acquire ChapStick from Haleon, with the transaction expected to close in the first half of 2024 following the completion of regulatory approvals. The lip care label, founded during the 1880s, has continued to expand its portfolio of products over its lifespan to now become a...

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Member
Business|Beauty

Unilever to sell Elida Beauty to Yellow Wood

Consumer goods giant Unilever is to sell Q-Tips maker Elida Beauty to Boston-based private equity firm Yellow Wood for an undisclosed sum. Elida Beauty features more than 20 beauty and personal care brands, including Q-tips, Tigi, Caress, Timotei, Impulse, and Monsavon, and generated around 0.8 billion euros in 2022. Fabian Garcia, president of...

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