Revlon aquires Colomer Group for $660m


NEW YORK - Revlon Consumer Products Corp. has acquired The Colomer Group in an all-cash transaction for $660 million from private equity firm CVC Capital Partners [...]

CVC was advised by Michel Dyens & Co., an investment banking firm focused primarily in the international beauty, luxury and premium-branded consumer goods sectors. [...]

Alan T. Ennis, Revlon's president and chief executive officer, said, "This acquisition, which we expect to be accretive to cash flow and earnings in the first year, represents a significant and logical strategic step forward for Revlon as it complements our core business, expands our distribution into new channels, and provides meaningful cost synergy opportunities [...]

Michel Dyens