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$2.7 billion deal for South Korean beauty company behind fast-growing AHC brand.
September 25, 2017
By: Christine Esposito
Editor-in-Chief
Unilever has acquired Carver Korea for €2.27 billion (approximately $2.7 billion) from Bain Capital Private Equity and Goldman Sachs. Founded in 1999, Carver has shown exponential growth over the last five years, delivering sales of €321m and EBITDA of €137m in 2016. The firm has become one the fastest-growing skin care business in South Korea. Its AHC brand, which has a portfolio focused on two high-demand consumer spaces—age management and hydration and nourishment—includes skin treatments...
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