Company News, Financial News

Shiseido Buys Drunk Elephant

Clean beauty brand reaches a variety of consumers with an assortment of novel skin care.

One of the biggest beauty deals of 2019, Shiseido revealed that Shiseido Americas Corporation, a subsidiary of Shiseido, has signed a definitive agreement to acquire Drunk Elephant, a leading and fast-growing prestige skin care brand and a recognized expert in developing clean compatible and effective products. According to the company, the acquisition of Drunk Elephant strengthens Shiseido’s leadership in the global prestige skin care market. According to reports, the purchase price was $845 mi...

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