By  on September 24, 2018

Glansaol, the “strategic start-up” founded by former Revlon chief executive officer Alan Ennis in 2016, is said to have hired Financo to explore strategic alternatives.

Sources with knowledge of the situation said the company is considering several potential options, including mergers and acquisitions, joint ventures or other partnerships, and that Glansaol has been approached by potential suitors. Industry sources said the business has between $100 million and $125 million in retail sales.

To continue reading this article...

load comments
blog comments powered by Disqus