Hair care brand Beauty Garage Professional has fully acquired Gofab Genesis LLP, including its brand, products, and manufacturing facilities, the company announced in a press release on Tuesday.
Beauty Garage aims to grow its market share significantly through this acquisition, especially in the premium salon sector.
Mahesh Ravaria, co-founder and CEO of Beauty Garage Professional, said, “This acquisition not only enhances our product portfolio but also positions us as a leader in the premium salon segment. By integrating Gofab Genesis’ expertise and innovative products, we are confident in achieving our targeted revenue of Rs 100 crore in the coming year.”
Founded in 2017, the hair care brand operates with 100 distributors. It plans to expand globally, targeting markets in the Middle East and the United States.
