Shiseido Americas Completes Acquisition of Dr. Dennis Gross Skincare [Yahoo! Finance]
SHISEIDO CO LTD S/ADR (SSDOY)
NASDAQ:AMEX Investor Relations:
shiseidogroup.com/ir
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Source: Yahoo! Finance
announced that its subsidiary, Shiseido Americas Corporation ("Shiseido Americas"), has completed its acquisition of DDG Skincare Holdings LLC, the owner of Dr. Dennis Gross Skincare brand. The previously announced transaction aligns with Shiseido's skin beauty strategic framework and enhances its geographic diversification and growth in the Americas region. Shiseido Americas President and CEO 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." About Shiseido Company, Limited Shiseido was founded in 1872 as the first private Western-style pharmacy in Japan. The business gradually
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