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Beauty Industry, Mergers and Acquisitions

Shiseido America Completes Dr. Dennis Gross Skincare Acquisition

The company finalizes the acquisition after its announcement in January.

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By: Rachel Klemovitch

Assistant Editor

It’s official—Shiseido Americas Corp. has acquired Dr. Dennis Gross Skincare. The deal has been finalized. The announcement was made in January. 
 
Shiseido said the acquisition will enable the company to grow its American business and drive global growth. 
 
President and CEO of Shiseido Americas and Global M&A Leader for Shiseido, Ron Gee, said, “Today’s milestone represents an exciting step toward our goal of becoming a leading personal beauty wellness company. Dr. Dennis Gross Skincare’s leadership in clean, innovative and science-based formulations and its loyal consumer following make it the perfect addition to the Shiseido Americas portfolio, and we look forward to working with the team with a focus on accelerating the brand’s growth plans.”

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Recently, Yellow Wood Partners’ portfolio company, Suave acquired ChapStick from Haleon. Also, Henkel signed an agreement to acquire Vidal Sassoon in China. 
 
 

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