Hong Kong-based Health & Happiness (H&H) has acquired Aurelia Probiotic Skincare, an ultra premium skin care brand that combines sustainably sourced bio-organic botanical ingredients and probiotics, according to a report published by WWD. The deal will further complement the care segment of the group’s ANC business.
Terms of the deal were not disclosed but Aurelia Founder Claire Vero will remain on the board and lead product development going forward. Distribution will remain in the UK.
“We look forward to further expanding the scope of our business with new brands and new product categories, while continuing to invest in our established and fast-growing BNC and ANC brands,” said Luo Feo, Chairman of H&H Group. “This will move H&H Group further towards its goal of becoming a global leader in premium wellness, while delivering solid growth and returns to our shareholders.”