Unilever acquires ‘modern, prestige’ skin care firm Tatcha in a reported $500m deal. Tatcha's comprises dozens of items formulated with green tea, rice and algae. Unilever continues seeking beauty and personal care deals, which accounted for 70% of its acquired turnover in recent years.
Unilever PLC continues its beauty buying spree by acquiring Tatcha LLC, a skin care brand inspired by Japanese Geisha rituals, at a reported price of $500m.
The Anglo-Dutch firm announced the deal June 10, a day before CEO Alan Jope, speaking at a Deutsche Bank investor...