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July 1, 2016
By: TOM BRANNA
Editor
Shiseido Americas Corporation has signed a definitive agreement with Alticor, Inc. to acquire its wholly-owned subsidiary Gurwitch Products, LLC. Under the terms of the accord, Shiseido Americas will acquire 100% of the membership interests in Gurwitch, including Laura Mercier and RéVive. Gurwitch’s net sales were $175 million in the fiscal year ending 2015. According to Shiseido, Laura Mercier and RéVive are highly complementary to its portfolio of prestige makeup and skin care brands, and t...
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