Shiseido completes Dr. Dennis Gross Skincare acquisition
The acquisition is part of Shiseido’s global expansion strategy.
Shiseido Company, Limited, through subsidiary Shiseido Americas Corporation, has concluded its acquisition of DDG Skincare Holdings LLC, the owner of Dr. Dennis Gross Skincare brand.
The acquisition supports Shiseido’s skin beauty strategic framework and its expansive growth throughout the region.
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“Dr. Dennis Gross Skincare’s leadership in clean, innovative and science-based formulations and its loyal consumer following make it the perfect addition to the Shiseido Americas portfolio, and we look forward to working with the team with a focus on accelerating the brand’s growth plans,” Ron Gee, President and CEO and Global M&A Leader for Shiseido Americas, stated.
Currently, Shiseido Group has made its brands available in over 120 countries and regions. With its Medium-to-Long-Term Strategy “Shift 2025 and Beyond”, the popular Japanese beauty company strives to become a world-class “personal beauty wellness company” by 2030.