Unilever PLC has agreed to acquire Hourglass Cosmetics by Q3, 2017.
Based in the UK, Hourglass Cosmetics provides beauty and skincare products.
Unilever expects the acquisition to help expand its position in the consumer market.
Lumson has reached an agreement to acquire and eventually integrate Leoplast.
Leoplast is a cosmetics packaging provider. It intends to increase its lipstick packaging production capacity and expand its presence in international markets.
Lumson is a European developer, producer, and distributor of packaging products for the cosmetic, make-up, and pharmaceutical markets.
