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Henkel acquires Shiseido's Asia Pacific professional hairdressing business

 Last Update: 2022-09-26
 Source: Internet
 Author: User

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On July 19, Henkel announced the completion of the acquisition of Shiseido's professional hairdressing business

Henkel said that Shiseido will retain a 20% stake in the legal entity in Japan to support further business growth through close cooperation with Henkel

Wanqing Dong, President of Henkel's Consumer Brands Business Unit Asia, said: "We have a clear goal to develop our cosmetics and beauty care business in the Asia-Pacific region

Henkel will set up a Japanese minimalist aesthetic innovation center in Tokyo, aiming to create more products suitable for Asian consumers

Dong Wanqing said that Henkel is building a strong innovation and growth platform to drive the growth of its professional hairdressing business in Asia

Henkel is one of the three largest beauty and hairdressing companies in the world, with annual sales of more than 1 billion euros, and is part of the Henkel Consumer Brands business unit

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