News
News
23/01/2024
CosmeticBusiness
Puig Acquires Majority Stake in Dr Barbara Sturm
The Skincare Brand Is Intended to Strengthen the Spanish Company's Position in the Premium Market
The Spanish cosmetics manufacturer Puig is to acquire a majority stake in the German skincare brand Dr Barbara Sturm. Founded in 2014, the company specialises in products that are based on scientific findings from aesthetic medicine and use plant extracts to promote skin health. According to Puig, the transaction is intended to strengthen its position in the premium skincare market. Founder Dr Barbara Sturm will retain a minority stake and will be in charge of product development. Further information …