Nirvana Brands acquires Lovely Distribution Company
The company added it plans to continue seeking opportunities to grow and enhance its portfolio
Nirvana Brands Limited, a distributor of luxury beauty products, has announced the acquisition of Lovely Distribution Company, the owner and distributor of luxury fragrance products.
The firm said the acquisition will expand Nirvana Brands’ product line and provide greater opportunities for growth in the luxury beauty industry.
The company added it plans to continue seeking opportunities to grow and enhance its portfolio, while maintaining its commitment to providing the highest quality products and services to its customers and consumers.
Dilesh Mehta, CEO and owner of Nirvana Brands, said: “We are thrilled to welcome Lovely Distribution Company into the Nirvana Brands family,” said. Their expertise in developing and distributing leading fragrance brands aligns perfectly with our mission to provide quality luxury beauty products to our customers and consumers.”
Andre Frenkle, former CEO and former co-owner of Lovely Distribution Company, added: “This is an exciting time for our company and for the fragrance category. By joining forces with Nirvana Brands, we will be able to provide even more value to our customers and bring new and innovative products to the market.โ