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This allows IBG to accelerate growth and enhance capabilities
June 4, 2024
By: Rachel Klemovitch
Assistant Editor
IBG (Innovative Beauty Group) has been acquired by European private equity firm, Fremman Capital. As IBG departs from the former shareholder, Albéa Group, IBG can further expand, develop, and enhance its capabilities across a range of market segments. Xavier Leclerc de Hauteclocque, CEO of Innovative Beauty Group, said, “We extend our utmost gratitude to Albéa Group for their support and collaboration over the years. In this next chapter, we look forward to a bright future with Fremman Capital, a partner that shares our values and passion for people and service. As always, we remain dedicated to delivering exceptional beauty products and packaging solutions to our valued clients across the globe.” IBG will gain the support and resources to flourish in the beauty and personal care market, opening new strategic opportunities. IBG will continue to develop turnkey solutions for the beauty brands and retailers under the Orchard Custom Beauty brand, supported by the recent acquisition of Roberts Beauty. Olivier de Vregille, Co-Founder at Fremman Capital, said, “IBG is a leader in the beauty industry with a strong track record of innovation and sustainable business practices. We are excited to support IBG in its next phase of growth and to work together to drive further advancements in beauty and personal care offerings.” Additionally, IBG will continue to pursue the development of its innovative packaging solutions under its FASTEN Packaging brand and continue to develop its brands in collaboration with retailers or celebrities. Each of these business lines will feature a strong focus on supporting IBG customers “to reach their sustainability ambitions.”
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