Formulas
JD Beauty Announces Merger With Goody Products
JD Beauty, the company behind Wet Brush, Bio Ionic and Ouidad, announced today that it will merge with Goody Products. ACON Investments, owners of Goody since their purchase from Newell Brands in August 2018, has signed a definitive agreement to buy a controlling interest in JD Beauty from Topspin Partners, a consumer-focused private equity firm, and will combine the businesses. The companies will merge to form a powerful multi-brand diversified haircare accessory, liquid and tool company uniquely poised to serve the beauty industry. Jeffrey Davidson, CEO of JD Beauty, will become CEO of the combined entities upon closing....
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