Sally Beauty Holdings (SBH) has acquired Canadian professional beauty product distributor La Maison Ami-Co through its subsidiary Beauty Systems Group (BSG).
WHO: La Maison Ami-Co Inc. is a professional beauty products distributor in the Canadian province of Quebec, with 10 La Maison Ami-Co stores and exclusive distribution rights in Quebec to premier professional hair color and haircare brands including Wella Professional, Goldwell, and Oribé.
Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with revenues of approximately $3.9 billion annually. Through the Sally Beauty Supply and Beauty Systems Group businesses, the company sells and distributes through 5,062 stores, including 158 franchised units, and has operations throughout the United States, Puerto Rico, Canada, Mexico, Chile, Peru, the United Kingdom, Ireland, Belgium, France, the Netherlands, Spain, and Germany.
WHY: The acquisition will allow BSG to further expand its operations throughout Quebec and exclusive distribution rights in Quebec to premier professional hair color and haircare brands including Wella Professional, Goldwell, and Oribé.
IN THEIR OWN WORDS: “We are excited about the addition of La Maison Ami-Co’s stores, direct sales consultants and talented employees to the BSG business in Quebec,” said Mark Spinks, President of Beauty Systems Group. “This acquisition is consistent with our strategy to gain additional exclusive distribution rights of professional hair color and care brands and should further strengthen BSG’s position in Canada while adding synergies between the Chalut and La Maison Ami-Co operations.”
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