Milk Makeup is owned by Waldencast plc, which acquired the prestige beauty brand as part of a major business combination that formed its public operating platform. Born out of the renowned Milk Studios creative hub in downtown New York City, the brand maintains its distinct cultural identity, product development philosophy, and community-driven focus under the corporate ownership of Waldencast. The parent company provides the financial backing, supply chain support, and global operational infrastructure necessary to scale Milk Makeup across major retail networks and digital e-commerce channels worldwide.