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Medmix has acquired a majority stake in Guangdong Qiaoyi Plastic Co, a beauty manufacturing business in Shantou, China. The transaction is expected to close in the first half of 2023, with current owners retaining a minority stake.
“This will allow medmix to leverage the entrepreneurial spirit and deep market expertise of Qiaoyi as well as access the established local customer relationships with its award winning GEKA applicators for local beauty brands.”globalcosmeticsnews.com
Summarized from public sources; check the original articles before acting on it.