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Beauty Supplier IBG Acquired by Fremman Capital

The deal is touted as a new chapter for the company and will provide opportunities to accelerate growth and enhance capabilities.
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Family Dollar Levitate Beauty.
The Levitate Beauty line from IBG launched in 2023 at Family Dollar.

IBG (Innovative Beauty Group) has been acquired by European private equity firm Fremman Capital, marking a new chapter for the company as it departs from its previous shareholder, Albéa Group. 

Fremman Capital is known for its strategic investments in high-potential companies and its commitment to fostering growth and excellence. The firm’s focus on sustainability and innovation aligns closely with IBG’s core values and business practices. IBG officials said the transaction also marks a major milestone in the future development of the company, enabling it to accelerate its expansion and enhance capabilities across a range of market segments. 

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"IBG is a leader in the beauty industry with a strong track record of innovation and sustainable business practices," said Olivier de Vregille, co-founder at Fremman Capital. "We are excited to support IBG in its next phase of growth and to work together to drive further advancements in beauty and personal care offerings."


RELATED: Q&A: Jennifer Raphael Gives An Inside Look at Family Dollar’s New Levitate Beauty Line


IBG will continue to develop turnkey solutions for the beauty brands and retailers under the Orchard Custom Beauty brand, supported by the recent acquisition of Roberts Beauty. Additionally, the company will continue to pursue the development of its innovative packaging solutions under its FASTEN Packaging brand while also continuing to develop its own brands in collaboration with retailers or celebrities. 

“We extend our utmost gratitude to Albéa Group for their support and collaboration over the years,” said Xavier Leclerc de Hauteclocque, CEO of Innovative Beauty Group. “In this next chapter, we look forward to a bright future with Fremman Capital, a partner that shares our values and passion for people and service.  As always, we remain dedicated to delivering exceptional beauty products and packaging solutions to our valued clients across the globe.”

IBG clients, partners, and employees will experience no disruption in service during this transition. Company officials said IGB remains committed to maintaining the highest standards of quality, innovation, and customer service that have been a cornerstone of its success.

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