Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

Bansk Group to Acquire a Majority Stake in US Haircare Brands Amika and Eva NYC.

Document Cited in Related
Vincent

MANews-(C)2009-2022

US-based private investment firm Bansk Group has entered into a definitive agreement to acquire a majority stake in US haircare brands amika and Eva NYC, the firm said.

Terms of the transaction were not disclosed.

Founded in 2009, amika is one of the largest independent haircare brands in the US and the only one of scale at the intersection of professional, prestige, and digital channels.

Brooklyn-born and salon-raised, amika's unwavering commitment to professional-quality products has guided the development of a portfolio of haircare products and tools that are formulated following EU standards and without harmful ingredients such as SLS and SLES.

Founded in 2012, Eva NYC has become one of the fastest growing masstige haircare brands in the US.

The brand is committed to delivering products at accessible price points, and said it is the only masstige brand with an aluminium packaging portfolio that is 100% recyclable, certified cruelty-free, vegan, non-GMO, and free of harmful ingredients.

Both brands are Climate Neutral Certified and sustainably-minded with cruelty-free products, PCR or aluminum packaging, and a focus on...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT