JOY GROUP Acquires Italian Dermatological Hair Care Brand Foltène

Shanghai Juyi Cosmetics Co., Ltd. (JOY GROUP) has completed the full acquisition of Foltène, an Italian dermatological hair-care brand founded in Milan in 1944. The transaction includes Foltène's brand assets, global distribution network, supply chain and its research laboratory in Italy, and supports JOY GROUP's strategy to expand its hair and scalp care capabilities and international footprint.