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Acquisition of hair care plant in Germany
June 25, 2009
By: TOM BRANNA
Editor
It’s a case of hair today, not gone tomorrow. Kao Corporation, through its subsidiary Kao Corporation GmbH, has entered into agreements to acquire a plant for premium hair care products in Germany to enhance its beauty care business base in Europe. Kao Corporation GmbH plans to commence production at the plant starting on July 1. Kao Corporation GmbH will acquire plant-related assets (building and production facilities) of Reichardt International AG (Head office: Darmstadt, Germany), which pr...
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