Date posted on DIARY directory: Monday 3rd September 2018
Online beauty and wellbeing company The Hut Group today announces the acquisition of Acheson & Acheson, a pre-eminent British beauty contract manufacturer and product developer. Ameliorate, Acheson & Acheson’s own skincare brand, is included in the purchase and will subsequently be added to THG’s own brand portfolio. Targeted at sufferers of Keratosis Pilaris, the specialist brand is sold globally through leading prestige and specialty retailers including Space NK Apothecary, Selfridges, Boots, Harvey Nichols, Liberty’s and Marks & Spencer.
Established in 1992, by Kenneth and Fiona Acheson, Acheson & Acheson has grown at rapid pace to its position as a distinguished manufacturer for prestige beauty brands, supported by its best-in-class R&D, manufacturing, regulatory compliance, product design and product development functions. Acheson & Acheson has over 380 employees, which includes over 50 people working exclusively on pioneering product development and innovation, keeping its clients at the forefront of the beauty industry.
The business offers an end-to-end service that runs from product/packaging design & development, formulation development, international sourcing, product testing to UK manufacturing, warehouse and distribution. The company also holds numerous high value accreditations, including being a certified BRC Grade A Supplier and compliant with SEDEX.
Acheson & Acheson has a state-of-the-art 78,000 sq. ft. manufacturing facility in Frome, Somerset along with two other sites in Trowbridge - one being its head office and the other, a facility for product packaging, storage and distribution. The facilities will now be added to THG’s portfolio, which includes two food production and distribution facilities – a 1m sq. ft. Cheshire based facility (Omega) and a US facility in Kentucky – as well as a production and logistics centre in Poland, which brings next-day delivery to continental Europe.
The investment represents long-term strategic benefits for THG as it reinforces its ambition of becoming the fully integrated, global digital leader in the beauty and wellbeing sectors. Future expansion plans include THG’s intention to spend £50m replicating Acheson & Acheson in Europe and USA.