Megalabs USA has acquired Geologie, a skin, hair, and bodycare brand sold at Target.WHO: Co-founded in 2018 by experienced entrepreneurs Dave Skaff and Nick Allen, and in partnership with Dr. Steve Xu, founding dermatologist, Geologie has successfully revolutionized skincare by empowering users with patented, clinical-grade dermatological formulas that are easy to use and have proven results. The brand recently expanded into over 900 Target doors with its clinically proven acne range Clear System.Megalabs is a pharmaceutical company committed to providing healthcare professionals and consumers with affordable therapeutic solutions for a healthier and more fulfilling life. Megalabs has a presence in 20 countries with more than 8,000 collaborators supported by 18 production plants, a highly diversified portfolio with more than 1,800 products, and seven R&D centers.WHY: The deal is a strategic move for Megalabs into clinical skincare with the intention of expanding its consumer dematology portfolio after taking a majority stake in DS Laboratories (DS Labs).IN THEIR OWN WORDS: “We are thrilled to welcome Geologie into our portfolio—an innovative brand at the forefront of wellness and health for a new generation of discerning consumers," said Fabian Rivero, CEO of Megalabs USA. “With Geologie, and through our recent investments in clinically-proven, high quality brands, Megalabs is strengthening its leadership in dermatology by delivering scientifically-advanced solutions for both skin and hair care—including effective, benzoyl peroxide (BPO)-free acne treatments that reflect our commitment to clean, safe, and forward-thinking formulations.