Beauty manufacturer Creightons is to acquire a 100% stake in the Emma Hardie beauty brand for £6.3MM as reported by Cosmetic Business.

WHO: Founded in 2009 by holistic facialist Emma Hardie, the premium skincare brand is available across the UK, Europe, US, and Asia Pacific regions.

Founded in 1954, Creightons designs, creates, and manufactures a wide range of skincare, haircare, and well-being products in its manufacturing hub in Peterborough, UK. The business was listed on the London Stock Exchange in 1987.

WHY: The deal would further Creightons' credibility in the premium skincare category.

DETAILS:

• Creightons will acquire a 100% stake in the Hardie beauty brand for £6.3MM.
• The business turned over £3.8MM for 30 June 2020, with profits before tax of around £46,000.