Arcade Beauty Acquires TruEssence Product Line from ORLANDI
November 28, 2023
Arcade Beauty has acquired ORLANDI's TruEssence product line, including laboratory and slurry production equipment and related intellectual property, as ORLANDI exits the scented strips category. Arcade Beauty also entered a strategic lease for a Chattanooga, Tennessee facility to consolidate laboratory and slurry production; ORLANDI will focus on other sampling technologies and scented retail products.
- Buyers
- Arcade Beauty
- Targets
- TruEssence (ORLANDI product line)
- Sellers
- ORLANDI
- Industry
- Packaging
- Location
- New York, United States
- Transaction Type
- Divestiture
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