- In November 2024, Unilever has partnered with Nufarm to cultivate sustainable biomass oil from energy cane. This collaboration aims to reduce reliance on petrochemical ingredients, support Unilever's net-zero emissions target by 2039, and create a more resilient and waste-free supply chain
- In September 2024, L’Oréal has partnered with Abolis Biotechnologies and Evonik to develop sustainable, bio-based ingredients for beauty products. The collaboration, backed by significant investments, aims to scale up the production of innovative ingredients, supporting L’Oréal's sustainability goals and advancing biotechnology in various industries
- In August 2024, L’Oréal has acquired a 10% stake in Galderma Group and entered a strategic scientific partnership to combine their expertise in dermatology and skin biology. This collaboration focuses on enhancing performance in the fast-growing aesthetics market. The deal is expected to drive innovation in skincare and aesthetic treatments, further strengthening both companies' positions in the beauty and dermatology sectors
- In February 2024, Henkel has signed an agreement to acquire Vidal Sassoon's hair care business in Greater China from Procter & Gamble. This acquisition will expand Henkel’s presence in the premium retail segment of the Chinese hair care market, complementing its existing portfolio and providing a complete range of hair care products
- In January 2023, P&G Beauty announced its acquisition of Mielle Organics, a leading textured hair care brand. Co-founders Monique and Melvin Rodriguez will continue to lead Mielle as an independent subsidiary. The partnership expands access to high-quality products and supports Mielle's community-focused initiatives, including the Mielle Cares program
