Thursday, November 21, 2019
The US company Coty belongs to the portfolio of the German billionaire family Reimann and is to be sold. According to insiders, there is already a serious prospect with Henkel – that would bring two major hair care brands under a corporate roof.
The consumer goods companies Henkel and Unilever consider according to insiders a bid for well-known cosmetics brands of the US company Coty. It is about a portfolio worth up to seven billion dollars, said three familiar with the operations of Reuters news agency.