Furthermore, These Businesses Will Benefit From Colgate’s Decades-long Legacy Of Working With Professional Experts To Deliver Recommendations That Benefit Their Patients.” Sonya Brown, General Partner At norwest Venture Partners In Palo Alto, Ca  led The Pca Skin Strategic Investment.“pca Skin has Become One Of The Fastest Growing Skin Health Brands In The Physician-dispensed And Aesthetician Markets, Said Brown.

According to the press release, estimated 2017 net sales for PCA Skin and EltaMD combined approximate $100 million. Both brands are similar in size and are primarily sold through professional skin care channels and online. They are distributed in the U.S., China and certain other international markets. Colgate plans to continue to operate the brands independently after closing. Ian Cook, Colgate’s Chairman, President and CEO commented in the press release, “PCA Skin and EltaMD form an exciting combination for Colgate’s entry into the professional skin care category. We are delighted that these high-growth, high-margin brands will strengthen our global personal care business. Their complementary product portfolios and sales forces, strong professional support and similar distribution channels will advance Colgate’s presence in the premium global skin care category. Furthermore, these businesses will benefit from Colgate’s decades-long legacy of working with professional experts to deliver recommendations that benefit their patients.” Sonya Brown, General Partner at Norwest Venture Partners in Palo Alto, CA  led the PCA Skin strategic investment.“PCA Skin has become one of the fastest growing skin health brands in the physician-dispensed and aesthetician markets,” said Brown. “The culture and values of Colgate align well with PCA Skin. Both companies are focused on improving people’s lives and partnering with professionals to do so.” The terms of the deals have not been disclosed. Both transactions are currently expected to close in the first quarter of 2018.

For the original version including any supplementary images or video, visit https://www.forbes.com/sites/jannamandell/2017/12/18/colgate-palmolive-enters-professional-skincare-market-with-key-acquisitions-pca-skin-and-eltamd/

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