Coty Adds Color With Del Buy

Now that Coty Inc. has conquered the global fragrance market with a portfolio that includes Marc Jacobs, Calvin Klein and Sarah Jessica Parker, the scent-driven company is out to master color cosmetics.

The $3.3 billion firm catapulted that plan forward Friday by inking a deal to acquire DLI Holding Corp., which is known in the beauty industry as Del Laboratories, the maker of Sally Hansen nail care products.