THE WHAT? Voyant Beauty has announced that it has acquired Kik Personal Care from Kik Custom Products, expanding its product range, innovation and supply chain capabilities.
THE DETAILS Richard McEvoy, CEO of Voyant Beauty, stated, “We are very excited to have completed the acquisition of KPC and to welcome KPC employees to Voyant Beauty. Customer reception has been incredibly positive since our announcement on July 1, and culturally, the two businesses could not be a better fit. We are very excited about the future of Voyant Beauty, and we look forward to the successful integration of the combined businesses”.
THE WHY? The acquisition will broaden Voyant Beauty’s product offering as well as enhancing product development and innovation capabilities.