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Beauty giant makes deal for derm-developed skin health brand founded in 2000.
December 23, 2023
By: Christine Esposito
Editor-in-Chief
Shiseido Company has acquired Dr. Dennis Gross Skincare. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close in the first quarter of 2024. Terms of the transaction were not disclosed. According to a report shared by Kyodo News Plus, said the deal was valued at $450 million. The well-known US brand was launched in New York City in 2000 by former skin cancer researcher and practicing dermatologist Dr. Dennis Gross along with his wife Carr...
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