"Learnings from lockdowns and global supply chain challenges have not only created more awareness of resilience but also a willingness to invest accordingly," noted Kearney in a November 2023 analysis of beauty M&A trends. "[Survey] respondents expect further investments primarily in upstream integration and specifically into raw material suppliers, manufacturing capabilities and capacity, and packaging suppliers."
Now comes news that European private equity firm Fremman Capital has acquired IBG from Albéa Group; news of the sale was first tipped in March 2024.
The acquisition will reportedly allow "the company to accelerate its expansion and enhance its innovative capabilities across a range of market segments," per an official announcement.
IBG will continue its turnkey operations under the Orchard Custom Beauty brand, supported by Roberts Beauty, which IBG acquired in January 2024. Its Fasten Packaging operations will also continue.
"IBG is a leader in the beauty industry with a strong track record of innovation and sustainable business practices," said Olivier de Vregille, co-founder at Fremman Capital. "We are excited to support IBG in its next phase of growth and to work together to drive further advancements in beauty and personal care offerings."
“We extend our utmost gratitude to Albéa Group for their support and collaboration over the years,” said Xavier Leclerc de Hauteclocque, CEO of Innovative Beauty Group. “In this next chapter, we look forward to a bright future with Fremman Capital, a partner that shares our values and passion for people and service. As always, we remain dedicated to delivering exceptional beauty products and packaging solutions to our valued clients across the globe.”
