The German chemical and consumer goods company is acquiring a 75 percent stake in Invincible Brands Holding from Capital D private equity fund.
Coty planned to sell the professional division to pay down debt and focus the business on key categories.
Nature Box will hit retail shelves in January. The line builds upon Henkel’s sustainability initiatives.
The former Coty ceo is expected to become supervisory board chairman of HBC’s German and Belgian department store chain.