Industry Update: CPG Personal Care

Industry Highlights

  • On May 18, 2021, The Estée Lauder Companies Inc. announced that it has completed the first phase of increasing its ownership in DECIEM Beauty Group Inc., the Canadian-based, vertically integrated, multi-brand company. The Estée Lauder Companies now owns approximately 76% of DECIEM (up from 29%), and has agreed to purchase the remaining interests after a three-year period.
  • On April 29, 2021, Grin, a comprehensive digital orthodontic platform that provides orthodontic solutions in partnership with trusted local doctors, announced a $10 million funding round led by Triventures with participation from Procter & Gamble Oral Care and SpringRock Ventures.

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