Henkel
This article was originally published in The Rose Sheet
Executive Summary
Acquisition of Yamahatsu Sangyo gives the Duesseldorf, Germany company a 9% market share of the Japanese salon hair care market, Henkel announces March 17. The deal includes Yamahatsu's business in Japan, Thailand and China, which earned approximately $72.5 mil. in 1999 (75.5 mil. Euro). The purchase was made through Henkel Japan in cooperation with Tokyo-based Lion Corp. Henkel became the largest shareholder of Lion in December. Brands in Yamahatsu's stable include Paon, Feminine and Fresh Light