M&A
confidence high
sentiment neutral
materiality 0.60
Horizon Kinetics Holding Corp (HKHC): M&A transaction — Scott's Liquid Gold completes sale of Alpha Skin Care business for $2.7M
Horizon Kinetics Holding Corp
- Sold Alpha Skin Care product line to Alpha Skin LLC; transaction closed July 31, 2023.
- Total consideration of $2.7 million: $0.5 million deposit upon execution plus $2.2 million at closing.
- Neoteric Cosmetics, a wholly owned subsidiary, joined the company as seller.
- Sale includes all assets and certain liabilities related to the Alpha Skin Care Business.