Henkel Nederland B.V. completed the acquisition of Asia-Pacific Hair Professional business of Shiseido from Shiseido Company, Limited.
July 03, 2022
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Henkel Nederland B.V. signed an agreement to acquire 80% stake in Asia-Pacific Hair Professional business of Shiseido from Shiseido Company, Limited (TSE:4911) on February 9, 2022. To support business growth through a strong partnership with Henkel, Shiseido Company, Limited will retain a 20 percent share in the legal entity in Japan. The transaction is subject regulatory approvals and customary closing conditions. Davis Polk & Wardwell LLP acted as legal advisor to Shiseido Company, Limited (TSE:4911).
Henkel Nederland B.V. completed the acquisition of Asia-Pacific Hair Professional business of Shiseido from Shiseido Company, Limited (TSE:4911) on July 4, 2022.
Shiseido Company, Limited specializes in the design, manufacturing and marketing of cosmetics. The group offers beauty products (including makeup items, coloring, etc. ; Shiseido, Aupr's, DQ, Za, Revital Granas, B?n?fique, Maquillage and Elixir), skin care products (skin creams, bath and shower gels, shampoos, etc. ; Aqua Label, Integrate, Tsubaki and Uno), perfumes (Issey Miyake, narciso Rodriguez, Elis Saab and Azzedine Ala?a) as well as professional products (Joico, Decl?or and Carita).
Net sales are distributed geographically as follows: Japan (32.9%), China (25.6%), Asia and Oceania (6.4%), Europe/Middle East/Africa (10.3%), Americas (9.9%) and other (14.9%).