The French family-owned industrial group continues its external growth strategy with the acquisition of the Canadian makeup and skincare manufacturer APR Beauty.
Anjac Health & Beauty is taking another leap forward with an acquisition that allows it to strengthen its turnkey cosmetic offering and expand its presence on the North American market! The French industrial family group invests in the Canadian company APR Beauty, specializing in the turnkey manufacturing of makeup and skin care products.
Founded in 2019 and based in Toronto, APR Beauty specializes in make-up and skincare products. It offers a range of high value-added services in formulation, manufacturing and filling. It focuses on turnkey services, with an expertise in a wide range of technologies, including powders, hot-pouring, emulsions and gels. FDA (Food and Drug Administration) and COSMOS (Organic and Natural Cosmetics) certified, APR Beauty supports its customers with technical solutions such as UV protection OTC products.
In addition to their Research & Innovation laboratory and manufacturing and a filling site in Toronto, the company, which employs 40 people, operates a packaging design and sales office in New York, and has a sales presence in Los Angeles and an operations office in Shanghai.
In 2025, APR Beauty will relocate its Toronto site a few kilometers away to open a 100,000 square feet (about 10.000 m²) refurbished site offering extra production capacity and a 20,000 square feet (about 2000 m²) R&I laboratory to support its growth.
APR Beauty’s customers include international cosmetics leaders as well as local independent brands.
Irene Zheng and John Shen, co-founders of APR Beauty, remain shareholders. As President and CEO, Irene Zheng will continue to drive the company’s development.
This investment is part of an overall strategy to develop Anjac Health & Beauty’s expertise in new markets.
In just a few years, Anjac Health & Beauty has become a major supplier, able to formulate, produce and fill beauty products as well as food supplements or medical devices. The acquisition in 2022 of Canadian companies Apollo and Pillar5 marked an important step for the Group, which already counts 30% American brands among its make-up customers.
With the acquisition of APR Beauty, Anjac Health & Beauty (16 companies, 22 manufacturing sites and 3,200 + employees) expects a turnover close to EUR 800 million (including EUR 40 million for APR Beauty) in 2024.
