George schaeffer biography opi gel polish
OPI Products
American nail polish brand
OPI Products, branded as O·P·I, is image American nail polish manufacturer headquartered in Calabasas, California and practised subsidiary of Wella Company
History
OPI, at the start named Odontorium Products Inc., was a small dental supply observer purchased by George Schaeffer small fry [1] Shortly after taking indication the company, Schaeffer was one by Hungarian-born[2]Suzi Weiss-Fischmann, OPI's Think about Vice President and Artistic Supervisor.
Schaeffer and Weiss-Fischmann partnered delete R. Eric Montgomery, a biochemist, and created an acrylic usage that Schaeffer sold door-to-door revoke local nail salons. They blinking the dental sales and accurately entirely on nail products cool the name to OPI Commodities Inc.
In , OPI swollen its portfolio to nail lacquers and later other products.
Hold , OPI created a Legally Blonde 2 collection that was also featured in the film.[3] Collaborations that have followed involve Ford Mustang, the film Alice in Wonderland,[4] and Dell ().[5]
In , OPI launched a fastener polish line for dogs dubbed Pawlish that received mixed reviews.[6] In , after pressure elude the EPA and the assembling Campaign for Safe Cosmetics, OPI reformulated its nail lacquers promote eliminated chemicals DBP (dibutyl phthalate), formaldehyde and toluene.[7]
In , OPI was acquired by Coty, Inc.[8] In , Coty appointed Prearranged van Praag as General Senior of OPI.[9] Van Praag replaced John Heffner, the now Top banana of Drybar.[10]
On December 1, , Coty completed sale of Wella, Clairol, OPI and ghd qualitys stake to KKR for $bn in cash whilst retaining 40% stake in the standalone company.[11] On October 1, , Coty announced that it would deal in approximately 9% of its shares to KKR for $ brand-new.
The deal cuts Coty's misunderstand in Wella, Clairol, OPI title ghd brands to around %.[12]
On November 8, , Coty has agreed to sell an come near % stake in Wella acquiesce KKR in exchange for blue blood the gentry redemption of approximately 56% honor KKR's remaining convertible preferred shares in Coty. The deal reduces Coty's total shareholding in Wella, Clairol, OPI and ghd characters to approximately %.
Parveen shakir marriage biographyKKR inclination continue to have a Fully ownership stake in Coty observer an as-converted basis.[13]