CVC Capital Partners Asia V L.P. managed by CVC Capital Partners Limited agreed to acquire an additional 20.09% stake in FineToday Holdings Co., Ltd. from Shiseido Company, Limited.
June 21, 2024
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CVC Capital Partners Asia V L.P. managed by CVC Capital Partners Limited agreed to acquire an additional 20.09% stake in FineToday Holdings Co., Ltd. from Shiseido Company, Limited (TSE:4911) on June 20, 2024. Upon completion, CVC Capital Partners Limited will own 85.09% stake in FineToday Holdings Co., Ltd. The expected completion of the transaction is June 30, 2024.
Shiseido Company, Limited specializes in the design, manufacturing and marketing of cosmetics. The group offers beauty products (including makeup items, coloring, etc. ; Shiseido, Aupr's, DQ, Za, Revital Granas, B?n?fique, Maquillage and Elixir), skin care products (skin creams, bath and shower gels, shampoos, etc. ; Aqua Label, Integrate, Tsubaki and Uno), perfumes (Issey Miyake, narciso Rodriguez, Elis Saab and Azzedine Ala?a) as well as professional products (Joico, Decl?or and Carita).
Net sales are distributed geographically as follows: Japan (32.9%), China (25.6%), Asia and Oceania (6.4%), Europe/Middle East/Africa (10.3%), Americas (9.9%) and other (14.9%).
CVC Capital Partners Asia V L.P. managed by CVC Capital Partners Limited agreed to acquire an additional 20.09% stake in FineToday Holdings Co., Ltd. from Shiseido Company, Limited.
SHISEIDO COMPANY, LIMITED 
