MAC Cosmetics

MAC Cosmetics (MAC standing for Make-up Art Cosmetics) was founded in Toronto, Ontario, Canada by Frank Toskan and Frank Angelo in 1984 with the assistance of chemist Vic Casale. The first U.S MAC store opened in 1991, in New York. The company's products were initially aimed at professional make-up artists, but are now sold to consumers worldwide. Estée Lauder Companies acquired a controlling interest in MAC in 1996, then completed their acquisition of the company in 1998.