Beauty and wellness holding company Fundamental Brands has acquired luxury skincare brand Amala Beauty.WHO: Founded in 2008, Amala was launched to develop a bridge between natural and holistic well-being, luxury, and performance skincare. The goal was to create professional spa products and treatments that delivered visible results using natural ingredients. Establishing itself in luxury spas globally, the brand has expanded its reach to include select retail locations and online sales in Europe, Asia, the Middle East, and North America.Fundamental Brands Inc. (FB), a Florida-based organization, is a specialty holding company seeking to acquire and aggregate products in the health, beauty, personal care, and wellness industries, targeting a variety of unique market segments.WHY: This strategic move aligns with Amala's vision for accelerated growth and innovation. By leveraging FB's capital, strategic expertise, and support, Amala is positioned to scale while preserving its unique brand identity and commitment to clinically proven, biotics-based skincare.IN THEIR OWN WORDS: Jack Takacs, CEO of FB, said, "The Amala Brand, its unique product line, and its marketing team are the perfect fit for FB. Not only do we share the same vision for the brand, but we also have complementary digital technologies and services along with a shared commitment to our clients. We'll be endeavoring to build on the Amala business, combining our contacts, experience, and expertise."He added, "We are positioned for growth and the acquisition of additional brands within the ecosystem and I am truly excited about our future prospects.