Chris Jenner is open to possible deals for the business of his other children after beauty giant Kotti agreed to pay $ 600 million for a majority stake in Kylie Cosmetics, founded by her daughter, Kylie Jenner.
"There is always such an opportunity for the business to grow," matriarch of the empire Gen. Kardashian told CNBC on Tuesday.
Asked if private equity firms seeking consolidation of their brands were calling after Coty's announcement on Monday, Chris Jenner said, "You know, the girl doesn't talk about everything."
According to the Coty deal, Kylie Jenner will retain 49% of its cosmetics company of the same name.
"The goal is to continue to build Kylie's existing beauty business" and branch out into "many categories where she doesn't have" I didn't even scratch the surface, "says Chris Jenner
Earlier this year, Forbes added 22 year-old Kylie Jenner, a businesswoman, model and reality star, is on her billionaire list, calling her the "youngest amateur billionaire ever. "[1
"I can't think of a better match than Kim and her business at SKIMS," says Chris Jenner in an interview with Squawk Box on Tuesday. "She has been dreaming about it for a decade. … and she lives it and breathes it. "
However, this passion, says Chris Jenner, "If they grow the business and have the ability to sell something and still have a hand in it, this is the ideal situation."