Canadian personal care company MAV Beauty Brands, founded by celebrity hairstylist Marc Anthony Venere, has raised C$242 million ($182 million) in its initial public offering by pricing each share at C$14 ($10.64). The company is expected to list on the Toronto Stock Exchange under the symbol MAV.
WHO: Marc Anthony Venere founded the company in 1995, and it has evolved into an innovation-focused, next-generation platform consists of complementary and rapidly growing personal care brands: Marc Anthony True Professional, Renpure, and Cake Beauty. The brands’s products are sold in over 25 countries around the world, in over 100 major retailers and through over 80,000 doors.
DETAILS:
Want to continue reading this article and others just like it?
Subscribe to BeautyMatter and access the most current beauty intelligence and news updates.
SubscribeAlready a member, login here.