Family-owned Spanish fragrance group PyD (Perfumes y Diseño) has acquired a majority stake in skincare brand Twelve Beauty.WHO: Twelve Beauty was founded in 2012 by pharmacist Pedro Catalá. Guided by its philosophy of balancing nature and science, Twelve Beauty is known for its clean, effective, and dermatologically advanced formulations. The brand emphasizes honesty, transparency, and efficacy, formulating products with organic ingredients and quality-controlled processes.The company ensures oil purity and traceability by cultivating its own orange and olive groves. This production model, combining science-driven and sustainable practices, reflects a strong ESG commitment. Twelve Beauty has a digital presence globally and is also sold in stores in cities including Hong Kong, Shanghai, Paris, San Francisco, and Los Angeles.Founded in 1998, Spanish fragrance group Perfumes y Diseño (PyD) creates, develops, and distributes selective fragrances and cosmetics. Controlled by the Trólez family, PyD owns brands such as Tous, Bimba y Lola, El Ganso, Nightology, and Scalpers, with a presence in more than 80 countries.WHY: With the acquisition, PyD has created a new independent business unit in the company, which it says is focused on conscious beauty, responsible innovation, and international expansion.IN THEIR OWN WORDS: Twelve Beauty CEO Sonia Graffin said, “At Twelve Beauty, we are entering a new chapter bringing energy, experience, and vision, guided by a clear idea: to consolidate its legacy as an international benchmark in conscious and scientific beauty.