Puig Agrees to Take Control of Isdin in €1.2 Billion Deal

Puig Brands SA has reached an agreement to take full control of the skincare brand Isdin in a deal valued at €1.2 billion, which is approximately $1.4 billion. This transaction involves Puig acquiring the remaining 50% of the company that it did not previously own. By completing this purchase, Puig secures total ownership of Isdin, integrating the skincare specialist fully into its portfolio as part of this significant strategic investment in the beauty sector.