Coty (NYSE: COTY) is a publicly listed company headquartered in New York, United States that owns 5 consumer brands, and has 2 recorded transactions.[1]
Coty was founded in Paris in 1904 by François Coty, who is credited with creating the modern perfume industry by combining natural and synthetic materials and selling scent in decorative bottles at accessible prices. It is now one of the largest fragrance licensors in the world and owns Rimmel and CoverGirl.
brands owned
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acquisitions recorded · 1 since 2015
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divestitures recorded
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
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Procter & Gamble transferred 41 beauty brands, including CoverGirl, Max Factor, Clairol and Wella, to Coty in a Reverse Morris Trust structured to be tax-efficient for P&G shareholders. It was the largest single step in P&G's programme of cutting its portfolio from about 170 brands to 65.
Coty sold a controlling sixty per cent stake in its professional beauty and retail hair business to KKR, valuing it at about $4.3 billion. The carve-out created Wella Company as a standalone business, which is why salon brands and Coty fragrances now sit under different owners.
Coty controlled this brand in the past. Each row shows when the ownership ended and who holds the brand now, so a page that once said Coty owned it still shows why it no longer does.
| Brand | Owned until | Owner today |
|---|---|---|
| Wella Professionals | Dec 2020 | KKR |
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Coty owns 5 consumer brands tracked here, including Clairol, Rimmel London, Max Factor, Sally Hansen and CoverGirl.
Yes. Coty is headquartered in New York, United States and was founded in 1904.
Coty is a publicly listed company owned by its shareholders; it trades as COTY on the NYSE.
The most recent completed acquisition recorded here is CoverGirl, Max Factor, Clairol and Wella Professionals on 1 October 2016.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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