Unilever has acquired Lenor Japan, a skincare business with presence in Japan and China.
WHO: Lenor Japan was founded in 1999. The company’s line of business includes the wholesale distribution of prescription drugs, proprietary drugs, and toiletries.
Dutch conglomerate Unilever PLC was incorporated on June 21, 1894. The company’s segments include personal care, food, home care, and refreshments. The company operates in more than 100 countries, selling its products in more than 190 countries. Unilever owns more than 400 brands including 11 “billion-dollar brands.”
WHY: This acquisition offers the opportunity to fill the white spaces of Japanese Beauty, Premium Face, and Derma Care in Japan and China and fits into the Unilever’s Beauty and Personal Care portfolio.
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