By and  on January 21, 2009

PARIS — Groupe Maesa has acquired Zorbit for an estimated $45 million to $50 million.

The deal was sealed Jan. 9, when Maesa, the Levallois-Perret, France-based firm, took a 100 percent stake in Zorbit, of New York. Both companies are private label beauty product makers. Some $12.5 million was paid on the day of the signing, while the remainder will be paid over five years, depending in part on Zorbit’s financial performance.

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