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Purchased hair care company from Conair back in 1988.
October 26, 2017
By: Christine Esposito
Editor-in-Chief
Shiseido Company has entered into a definitive agreement to sell its wholly-owned subsidiary Zotos International Inc. to Henkel. The sale fits with the company’s Vision 2020 strategy in which it is sharpening its focus on key categories and regions in order to optimize its portfolio. No purchase place was disclosed. Shiseido purchased Zotos in 1988 from Conair for $345 million. Based in Darien, CT, Zotos manufactures and markets a full range of award-winning hair care, texture service ...
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