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Kao buys out UK's lifestyle products maker Molton Brown

19
Jul '05
Japan based leading personal care, cleaning products and specialty chemicals manufacturer Kao Corporation acquired Molton Brown Limited (Location: London, the United Kingdom), a modern luxury goods company focusing on skin care, hair care and bath & body care products.

The transaction involves the acquisition of 100% of the shares in Molton Brown for a total consideration of 170 million pounds (equivalent to approximately 34 billion Japanese yen).

The business was acquired from Bridgepoint Capital, a European private equity fund, and the management team of Molton Brown. Kao acquired Molton Brown through its newly established UK subsidiary, Kao Prestige Limited.

Founded in 1973, Molton Brown has evolved into a premium lifestyle brand offering a broad range of products, made from carefully selected natural ingredients.

Its products are distributed in over 70 countries with an especially strong presence in leading department stores such as Harrods and Selfridges in the UK, Neiman Marcus and Nordstroms in the US, Barneys New York in Japan, as well as through standalone Molton Brown Emporia, a network of 37 Molton Brown-branded retail stores around the world that deal exclusively in Molton Brown products.

In addition to its retail sales channels, Molton Brown is actively engaged in business with luxury hotels, supplying its amenity products to the world's most prestigious hotel properties. Molton Brown also has an exclusive relationship with British Airways, providing the airline with Molton Brown-branded amenity kits on selected international routes.


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