{"id":95726,"date":"2024-09-12T00:00:00","date_gmt":"2024-09-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/"},"modified":"2024-09-12T00:00:00","modified_gmt":"2024-09-12T00:00:00","slug":"kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/","title":{"rendered":"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move"},"content":{"rendered":"

Huda Beauty eyes sale of its perfume unit Kayali: <\/strong>Dubai-based cosmetics player Huda Beauty<\/a> is exploring a potential sale of all or part of its growing perfume division, Kayali, Bloomberg<\/a> reports, citing people it says are familiar with the matter. The company has enlisted Goldman Sachs as an adviser, with a sale potentially allowing the fragrance and beauty brands to grow independently.<\/p>\n

Sale proceeds could fund minority stake buyout: <\/strong>Proceeds from the sale could help Huda Beauty's founders buy out US-based TSG Consumer Partners<\/a>, a private equity firm that has held a minority stake since 2017.<\/p>\n

Nothing set in stone: <\/strong>Discussions are in early stages, and plans for the fragrance unit may change, sources said. <\/p>\n

About Huda Beauty and Kayali:<\/strong> Launched in 2013 by Huda Kattan and her sisters Mona and Alia, Huda Beauty has grown into a powerhouse with a valuation of over USD 1 bn. Kayali, helmed by Mona Kattan, features about two dozen fragrances available at major retailers such as Sephora and Walgreens.<\/p>\n

Zooming out: <\/strong>A potential sale of Kayali follows a pickup in acquisitions in the beauty and cosmetics sector, including Advent International\u2019s acquisition last year<\/a> of a stake in the group behind Parfums de Marly and INITIO Parfums Priv\u00e9s, which has a significant presence in the Middle East. <\/p>\n

\n

IN OTHER M&A NEWS-<\/p>\n

Abu Dhabi\u2019s Mubadala Energy hits two major milestones in Andaman Sea: <\/strong>Abu Dhabi-based Mubadala Energy, in partnership with Harbour Energy, snagged the Central Andaman exploration license from Indonesia's MIGAS, according to a press release<\/a>. Harbour Energy will hold a 60% operating stake, while Mubadala Energy will have a 40% stake<\/p>\n

Mubadala Energy also wrapped up its South Andaman drilling campaign<\/strong>, marking a successful appraisal of the Layaran discovery. <\/p>\n","protected":false},"excerpt":{"rendered":"

The potential sale could fuel Huda Beauty\u2019s buyout of TSG Consumer Partners' stake<\/p>\n","protected":false},"author":1,"featured_media":95727,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[1811,143,7,315,1809,1810,60,1812,1813],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-95726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-cosmetics","tag-energy","tag-enterpriseam-uae","tag-goldman-sachs","tag-huda-beauty","tag-kayali","tag-ma-watch","tag-mubadala-energy","tag-oil-gas","wpautop","entry"],"acf":{"mongo_id":"3b778ebb-347e-4133-b54b-7d5a90432b61","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/981.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move","related_issue":[95719],"teaser":"The potential sale could fuel Huda Beauty\u2019s buyout of TSG Consumer Partners' stake","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/9\/.9c4ec4fa-d91d-4a8a-9409-024262a41dff.mp3"},"yoast_head":"\nKayali Fragrance sale in the works as Huda Beauty mulls strategic move - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move\" \/>\n<meta property=\"og:description\" content=\"The potential sale could fuel Huda Beauty\u2019s buyout of TSG Consumer Partners' stake\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-12T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move\",\"datePublished\":\"2024-09-12T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/\"},\"wordCount\":298,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Cosmetics\",\"energy\",\"EnterpriseAM UAE\",\"Goldman Sachs\",\"Huda Beauty\",\"Kayali\",\"M&A WATCH\",\"Mubadala Energy\",\"Oil & Gas\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/\",\"name\":\"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-09-12T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/","og_locale":"en_US","og_type":"article","og_title":"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move","og_description":"The potential sale could fuel Huda Beauty\u2019s buyout of TSG Consumer Partners' stake","og_url":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/","og_site_name":"UAE","article_published_time":"2024-09-12T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move","datePublished":"2024-09-12T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/"},"wordCount":298,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1","keywords":["Cosmetics","energy","EnterpriseAM UAE","Goldman Sachs","Huda Beauty","Kayali","M&A WATCH","Mubadala Energy","Oil & Gas"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/","url":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/","name":"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1","datePublished":"2024-09-12T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2024\/09\/12\/kayali-fragrance-sale-in-the-works-as-huda-beauty-mulls-strategic-move\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Kayali Fragrance sale in the works as Huda Beauty mulls strategic move"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/981.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/95726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=95726"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/95726\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/95719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/95727"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=95726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=95726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=95726"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=95726"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=95726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}