Butter London is a popular cosmetics brand that has gained a lot of popularity in recent years, but many people are unaware of who owns this company. In this article, we will explore the ownership of Butter London and provide you with all the information you need to know.
History of Butter London
Butter London was founded in 2005 by two British entrepreneurs, Sasha Muir and Nonie Creme. They started with nail lacquers and expanded into other beauty products like lipsticks, eye shadows, and mascaras. The brand gained recognition for its high-quality products that were vegan and cruelty-free.
The Acquisition by CalAtlantic Group
In 2014, Butter London was acquired by CalAtlantic Group, a private equity firm based in New York. This acquisition helped Butter London to expand its reach globally and invest more in research and development of new products.
Who Owns CalAtlantic Group?
CalAtlantic Group is owned by Jon M. Huntsman Sr., an American businessman and philanthropist. He is the founder of Huntsman Corporation, a chemical manufacturing company that is among the largest chemical companies in the world.
Current Status
As of 2021, Butter London remains a subsidiary of CalAtlantic Group and continues to produce high-quality beauty products that are cruelty-free and vegan-friendly. They have expanded their product range to include skincare products as well.
In Conclusion
Butter London has come a long way since its inception in 2005. It has gained a loyal customer base due to its commitment to producing vegan and cruelty-free beauty products. The acquisition by CalAtlantic Group has helped the brand to grow globally while maintaining its core values.
Knowing who owns Butter London is important for customers who want to support brands that align with their values. With proper research about ownership, customers can make informed decisions about the products they buy and the companies they support.
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