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AMERICAN INTERNATIONAL INDUSTRIES ACQUIRES SPILO WORLDWIDE

January 23, 2018
January 23, 2018
Don Agnello via Unsplash

The professional channel sees more consolidation with the merging of two privately held Los Angeles-based businesses. American International Industries, a leading manufacturer and worldwide distributor of beauty products, acquires the full portfolio of brands from Spilo Worldwide.

WHO: Spilo Worldwide was founded in 1942 by Charles G. Spilo. The Los Angeles-based business has been distributing products to the professional channel for 75 years. The Spilo family of brands includes ColorMode, Master Barber, Mehaz Professional, Rubis of Switzerland, ToolWorx, and many others.

American International Industries has been a manufacturer and distributor of beauty brands for 45 years with a vast portfolio which includes Andrea, Ardell, Body Drench, Bye Bye Blemish, BWild, Checi, China Glaze, Clean + Easy, Clubman-Pinaud, DUO, European Secrets, EzFlow, Fright Night, Gelaze, Gena, GiGi, Gypsy Lash, Hollywood Fashion Secrets, IBD, Jeris-Lustray, Jerome Russell, LASH beLONG, Model in a Bottle, Nail Tek, No Tweeze/Micro Tweeze, ‘N Rage, Prolinc, Punky Colour, RAW, Salon Perfect, Seche, SuperNail, Surgi-Care, Waterworks, Winning Nails, Woltra, Woody’s, Youthair, and others.

IN THEIR OWN WORDS: “Spilo is an icon in the professional beauty industry, one that I’ve admired since I first started in the business almost 50 years ago,” said Zvi Ryzman, president of A.I.I., in a release “We are committed to the development of the Spilo family of brands and will provide the support needed to grow them. We are confident combining these two organizations will strengthen the market position and growth of the brands while also expanding our position as a leader in the professional beauty industry.”

DETAILS:

  • Terms of the deal were not disclosed.
  • Both Los Angeles-based companies have been privately owned.
  • The acquisition encompasses the entire Spilo family of brands which include ColorMode, Master Barber, Mehaz Professional, Rubis of Switzerland, ToolWorx, and many others.
  • According to WWD, most of the 65 brands under the company’s umbrella were brought in through acquisitions. The company’s most recent purchases were Model in a Bottle, Hollywood Fashion Secrets, and Jerome Russell.
  • Marc Spilo, current CEO of Spilo, will continue through the transition and thereafter.
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