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Home > Company Index > Consumer Non-Durables > Personal Care Products > MacAndrews & Forbes Holdings Inc.

MacAndrews & Forbes Holdings Inc.
 PROFILE
Through MacAndrews & Forbes Holdings, financier Ron Perelman is focused on makeup and money. The holding company has investments in an array of public and private companies, most notably Revlon (the #2 cosmetics company in the US), Golden State Bancorp (the nation's #2 thrift), M&F Worldwide (licorice flavors), and WeddingChannel.com. Perelman is intent on reversing the fortunes of Revlon which has been hobbled by debt and dwindling market share; his stake in Sunbeam (small appliances and Coleman camping equipment) became worthless when that company declared bankruptcy in 2001. He did make a hefty profit when Consolidated Cigar Holdings (the #1 US cigar maker) was sold to French tobacco maker Seita in early 1999.

 COMPETITION
The Estée Lauder Companies Inc. (EL)
L'Oréal USA, Inc. (dossier)
The Procter & Gamble Company (PG)

 DEALS
Deal: Viaken Picks Up $13 Million
Date Announced: 06.26.01
Value of transaction (US $Mil): 13
Description: Biotech hosting services company closes second round of funding.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,500.00
1-Yr. Sales Growth: 1.9%
Employees: 19,500
Revenue per employee: $282,051.28

 KEY PEOPLE
• Ronald O. Perelman
    CEO

 CONTACT INFO
35 E. 62nd St.
New York, NY 10021
US
Phone: 212-688-9000
Fax: 212-572-8400

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