The Biggest Beauty M&A Investment Deals of 2023

Mielle Procter & Gamble signed a deal to acquire Mielle, a Black-founded textured hair care brand, for an undisclosed sum. Founded with a focus on Black and Brown communities, Mielle has grown into a beloved brand.

While the purchase price remains undisclosed, the deal includes a joint commitment of $20 million to Mielle Cares, a charity aimed at providing economic and educational opportunities. 2. Unilever’s Sale of Suave Unilever sold its Suave business in North America to Yellow Wood Partners while maintaining ownership outside the U.S.

and Canada. This sale is part of Unilever’s broader strategy to streamline its portfolio and concentrate on high-growth areas. Despite the sale, Unilever retains ownership of Suave outside of the U.S. and Canada, indicating a strategic repositioning rather than a complete exit from the brand. 3.

Investment in Dolce Glow by Miley Cyrus Miley Cyrus invested in self-tanning brand Dolce Glow, a self-tanning brand inspired by Italian aesthetics and favored by celebrities…