MatsukiyoCocokara & Co. announced plans to acquire John Masters HD, an organic cosmetics company. Through the acquisition, it aims to strengthen product development capabilities, expand its product lineup and curb manufacturing costs.
MatsukiyoCocokara & Co. announced plans to acquire John Masters HD, an organic cosmetics brand, and said it would acquire all shares from investment fund Asperant Group.
John Masters HD will be brought under a subsidiary of MatsukiyoCocokara & Co., strengthening the structure responsible for product development. The acquisition price has not been disclosed.
The company plans to strengthen its cosmetics product development capabilities through the acquisition, expand the brand's product lineup and curb manufacturing costs.
The target company's net sales for the fiscal year ending September 2025 were reportedly around ¥4.6 billion. The financial impact of the acquisition will require further disclosures.