Bansk has acquired BYOMA, the rapidly expanding skincare brand, for an undisclosed amount. This corporate acquisition marks a significant consolidation in the beauty sector, clearly signifying a change of ownership rather than a funding round for BYOMA.
BYOMA has quickly established itself as one of the world’s fastest growing skincare brands, recognized for pioneering clinically proven science and innovation. The brand focuses on demystifying and democratising skincare, empowering consumers with informed choices, particularly around the crucial topic of skin barrier health. Built on principles of Efficacy, Accessibility, Education, and Engagement, BYOMA's efficacious formulas have garnered a strong global presence, available in major retailers such as Sephora across the UK, Europe, and the Middle East, Target and Ulta in North America, and other key retailers worldwide including Boots, Cult Beauty, and Amazon.
This acquisition represents a strategic move, integrating BYOMA's innovative approach and significant market traction into Bansk's portfolio. BYOMA’s commitment to clinically proven formulations and its extensive global retail footprint make it a valuable addition. The combination is expected to amplify BYOMA’s reach and accelerate its growth, leveraging Bansk’s resources while maintaining BYOMA’s core identity centered on education and fostering an inclusive community.
The integration aims to further solidify BYOMA's position in the global beauty market, expanding its mission of accessible, science-backed skincare. The combined entity is poised to continue addressing evolving consumer needs with effective solutions and an inclusive approach to beauty, reinforcing its dedication to skin barrier health.