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Shiseido Americas Agrees To Buy Gurwitch Products Fromf Alticor

June 3, 2016: 12:00 AM EST
Shiseido Americas Corporation said it has signed a deal with Alticor Inc. to purchase its subsidiary Gurwitch Products, LLC, a marketer of global prestige cosmetics and skincare brands. For the fiscal year 2015, Gurwitch posted a total revenue of $175 million. As part of the agreement, Shiseido Americas will acquire 100 percent of the membership interests in Gurwitch, including Laura Mercier, a brand of prestige color cosmetics, skincare, and body and bath products; and ReVive, a brand of luxury skincare products.
"Shiseido Americas Announces Agreement to Acquire Gurwitch Products", Shiseido, June 03, 2016, © Shiseido Co.,Ltd.
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