Shiseido to Acquire DRUNK ELEPHANT™
SHISEIDO CO LTD S/ADR (SSDOY)
NASDAQ:AMEX Investor Relations:
shiseidogroup.com/ir
Company Research
Source: Business Wire
Adds Innovative, Rapidly-Growing Prestige Skincare Favorite to Shiseido’s Global Portfolio of Prestige Brands TOKYO--(BUSINESS WIRE)--Shiseido Company, Limited (Tokyo Stock Exchange, First Section: 4911) (“Shiseido”) today announced that Shiseido Americas Corporation (“Shiseido Americas”), a subsidiary of Shiseido, has signed a definitive agreement to acquire DRUNK ELEPHANT™ (“Drunk Elephant”), a leading and fast-growing prestige skincare brand and a recognized expert in developing clean compatible and effective products. The acquisition of Drunk Elephant strengthens Shiseido’s leadership in the global prestige skincare market.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191007005896/en/Tiffany Masterson, Founding Partner and Chief Creative Officer of Drunk Elephant (Photo: Business Wire)Drunk Elephant was founded in 2012 by Tiffany Masterson as a solutions-oriented, cross-generational brand for all skin types, and has
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