PZ Cussons buys St Tropez for £62.5m

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Proof Monday 27 September 2010 3:15 am John Dunne Share PZ Cussons buys St Tropez for £62.5m Show Comments ▼ whatsappcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Soap and shampoo maker PZ Cussons has bought tanning-products firm St Tropez from its private-equity owner LDC for £62.5m in cash.The maker of Imperial Leather soaps and Carex handwash said St Tropez was a good fit with its portfolio of premium brands, which includes The Sanctuary and Charles Worthington hair-care products.St Tropez sold £20.7mof its self-tanning lotions and sprays in the year to end-July 2010, mainly in the UK through retailers such as Boots, Superdrug, Sainsbury’s and John Lewis.PZ Cussons Chief Executive Alex Kanellis said: “We see good growth opportunities, both in the UK and overseas, particularly by linking the strategy to that of The Sanctuary spa brand.”The company said the deal was expected to be earnings enhancing in the current financial year. Tags: NULLlast_img read more