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Stock impact report

Yellow Wood Partners Portfolio Company Suave Brands Company Completes ChapStick Acquisition [Yahoo! Finance]

Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN) 
Company Research Source: Yahoo! Finance
brands and companies, is pleased to announce that its portfolio company, Suave Brands Company, has successfully completed the acquisition of the ChapStick brand from Haleon (LSE / NYSE: HLN). This transaction also results in Haleon becoming a shareholder in Suave Brands Company. Suave Brands Company Chief Executive Officer, Daniel Alter , said, "As we continue to build Suave Brands Company as the top independent North American beauty & personal care company by combining the agility of a start-up with the power of market leading brands, the addition of ChapStick is a perfect fit that augments our strategy. This transaction is a great example of Suave Brands Company's disciplined approach to value-creating acquisitions and our larger growth strategy." Suave is a value-oriented personal care brand that sells products across the hair, body, skin and antiperspirant and deodorant segments. Suave was one of the first brands in the 1930s to bring salon-quality hair care to the general pub Show less Read more
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