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Mammoth Brands, the parent company that owns the shaving brands Harry’s and Flamingo and deodorants makers Lume and Mando, announced on Thursday that it has signed an agreement to acquire Coterie, a premium baby care brand.
Financial terms of the deal were not disclosed. According to an accompanying release, Coterie generated $200 million in net revenue in the last 12 months, an increase of almost 60 percent year-on-year. The profitable business has sold over 700 million diapers,…
