The Hut Group is back on the acquisition trail: snaps up Acheson & Acheson

The Hut Group is back on the acquisition trail: snaps up Acheson & Acheson

The Hut Group has acquired skin care manufacturer Acheson & Acheson, according to a report published by Reuters. Terms of the deal were not disclosed, but the purchase has been estimated at around £50 million to £100 million by Sky News. 

The British skin care and hair care maker is known as the owner of Ameliorate, a skin care line sold in Selfridges and Boots, among other which will join the THG portfolio.

The Hut Group’s latest buy is said to be a strategic move, allowing the burgeoning e-commerce and beauty brand operation to bring production in house.

1 Comment

  1. Acheson & Acheson is a quality business, supplying quality products and brands.
    The Hut Group has made a good acquisition which should yield tangible benefits
    in terms of strategic fit and future profitability.

    Reply

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