Zenlen Inc. dba Native Cosmetics has been acquired by Procter & Gamble Co.
Zenlen Inc. dba Native Cosmetics, a rapidly-growing direct-to-consumer deodorant brand, has been acquired by Procter & Gamble (P&G) (NYSE: PG). The acquisition will allow P&G to broaden its existing portfolio of personal care brands, which already includes Secret, Old Spice, and Gillette, and capitalize on the direct-to-consumer and better-for-you positioning of the Native brand. Financial details have not been disclosed.
Founded in 2015, Native Cosmetics manufactures safe, effective, and non-toxic personal care products that consumers use every day. The company has emerged as one of the fastest-growing independent pure-play brands and the leading direct-to-consumer brand in the US$3.2 billion deodorant market. Through its direct-to-consumer business model, dedication to ingredient transparency and focus on product quality, Native Cosmetics has built strong consumer demand and trust with a customer base of more than one million product users since inception. Founder and CEO Moiz Ali will continue to lead Native Cosmetics and the brand direction from its San Francisco headquarters.
P&G provides branded consumer packaged goods to consumers in the US, Canada, Puerto Rico, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company’s beauty segment offers hair care products and skin and personal care products, such as antiperspirant and deodorant, personal cleansing, and skin care products. P&G's grooming segment provides shave care products comprising female and male blades and razors, pre- and post-shave products. Its health care segment offers toothbrushes, toothpastes, and other oral care products. The fabric and home care segment provides fabric enhancers, laundry additives, and laundry detergents, and its baby, feminine and family care segment offers baby wipes, diapers and feminine care products. P&G's brands include: Head & Shoulders, Pantene, Rejoice, Olay, Old Spice, Safeguard, Braun, Fusion, Gillette, Mach3, Prestobarba, Venus, Crest, Oral-B, Prilosec,Vicks, Ariel, Downy, Gain, Tide, Cascade, Dawn, Febreze and Mr. Clean, among others.
Oaklins' team in Los Angeles advised the seller in this transaction.
Talk to the deal team
Steven Davis
Oaklins Intrepid
Related deals
Mark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate's expertise in standardized, scalable solutions is enhanced by Heber's emphasis on customer-specific customization.
Learn moreGrupo Veta 2017 S.L. has been acquired by MSA Mizar
The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.
Learn moreAYANDA CAPITAL has added a new investor to its shareholding
A new investor, Thierry Jacobs, has joined AYANDA CAPITAL S.L.’s shareholding with a minority stake.
Learn more