Go to deals
Private Equity | Consumer & Retail

Zenlen Inc. dba Native Cosmetics has been acquired by Procter & Gamble Co.

November 2017 — Zenlen Inc. dba Native Cosmetics, a rapidly-growing direct-to-consumer deodorant brand, has been acquired by Procter & Gamble (P&G) (NYSE: PG). The acquisition will allow P&G to broaden its existing portfolio of personal care brands, which already includes Secret, Old Spice and Gillette, and capitalize on the direct-to-consumer and better-for-you positioning of the Native brand. Financial details have not been disclosed.

Founded in 2015, Native Cosmetics manufactures safe, effective and non-toxic personal care products that consumers use every day. The company has emerged as one of the fastest-growing independent pure-play brands and the leading direct-to-consumer brand in the US$3.2 billion deodorant market. Through its direct-to-consumer business model, dedication to ingredient transparency and focus on product quality, Native Cosmetics has built strong consumer demand and trust with a customer base of more than one million product users since inception. Founder and CEO Moiz Ali will continue to lead Native Cosmetics and the brand direction from its San Francisco headquarters.

P&G provides branded consumer packaged goods to consumers in the USA, Canada, Puerto Rico, Europe, Asia Pacific, Greater China, Latin America, India, the Middle East and Africa. The company’s beauty segment offers hair care products and skin and personal care products, such as antiperspirant and deodorant, personal cleansing and skin care products. P&G’s grooming segment provides shave care products comprising female and male blades and razors, as well as pre- and post-shave products. Its healthcare segment offers toothbrushes, toothpastes and other oral care products. The fabric and home care segment provides fabric enhancers, laundry additives and laundry detergents, and its baby, feminine and family care segment offers baby wipes, diapers and feminine care products. P&G’s brands include Head & Shoulders, Pantene, Rejoice, Olay, Old Spice, Safeguard, Braun, Fusion, Gillette, Mach3, Prestobarba, Venus, Crest, Oral-B, Prilosec,Vicks, Ariel, Downy, Gain, Tide, Cascade, Dawn, Febreze and Mr. Clean.

Our role in the transaction

Oaklins’ team in Los Angeles advised the seller in this transaction.

Parties

Talk to the deal team

Steven Davis

Managing Director
Los Angeles, United States
Oaklins Intrepid

Lauren Antion Hansen

Managing Director
Los Angeles, United States
Oaklins Intrepid

Related deals

Capvis has sold hessnatur to Wourth Group
Private Equity | Consumer & Retail

Capvis has sold hessnatur to Wourth Group

Hess Natur-Textilien GmbH & Co. KG has become part of the international Wourth Group. With the change of ownership from Capvis to Wourth Group, hessnatur is entering its next phase of development. The transaction reflects the company’s successful strategic and business development in recent years, and creates a strong foundation for the future.

Learn more
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Private Equity | Business Support Services

Nymann Kloak- & Miljøservice has been acquired by Serwent Group

Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.

Learn more
Life & Mobility has attracted investor Bolster Investment Partners
Private Equity | Healthcare

Life & Mobility has attracted investor Bolster Investment Partners

Life & Mobility, a leading developer and manufacturer of premium mobility and rehabilitation solutions, has welcomed Bolster Investment Partners as a new shareholder. The partnership provides Life & Mobility with a strong long-term partner to support the company’s next phase of growth, with a continued focus on product innovation, strengthening its leading market position and further international expansion. The company’s mission remains to enhance the mobility, independence and quality of life of end users through innovative, sustainable and circular mobility solutions designed for multiple life cycles.  

Learn more