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ONE OCEAN BEAUTY ACQUIRED BY NEW BEAUTY PLATFORM PRESENT LIFE

Published August 24, 2020
Published August 24, 2020
One Ocean Beauty

One Ocean Beauty has recently been acquired by Present Life, a partner of global investment fund The Craftory.

WHO: Founded by industry veteran Marcella Cacci in 2018, One Ocean Beauty is a breakthrough, sustainable, and scientifically proven beauty and wellness company. The clinically proven formulations fuse nature and science, using powerful marine active ingredients from the world’s oceans, selected for their unique properties and high-performance peptides, to deliver simple yet potent multitasking products. The brand is committed to creating clean products through blue biotechnology, using sustainable practices to aid in the conservation of the world’s oceans via their partnership with Oceana.

Present Life is a newly formed well-being and beauty holding company that builds and acquires purpose-led, natural, self-care brands that do not compromise on performance or the planet.

WHY: As one of the pioneers in blue beauty, the acquisition will enable One Ocean Beauty to expand its mission globally.

IN THEIR OWN WORDS: “We are so proud to join the Present Life team. Our brand ethos, product positioning and commitment to the oceans are well aligned with the Present Life platform. The acquisition will provide the resources and capital to expand the brand through further development of our infrastructure and global presence,” says Marcella Cacci, founder & CEO of One Ocean Beauty.

“One Ocean Beauty is a perfect fit for Present Life and reflects our values and ambition. I’m looking forward to supporting Marcella and her team through their next phase of expansion,” said Camillo Pane, Executive Chairman of Present Life.

DETAILS:

  • One Ocean Beauty was acquired by Present Life. Terms of the transaction were not released.
  • Marcella Cacci will continue leading the brand as CEO.
  • In July of 2018 One Ocean Beauty completed a Series A minority investment from The Lubrizol Corporation.
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