MatsukiyoCocokara & Co. announced that it will acquire John Masters Holdings, an organic cosmetics company. The acquisition price was not disclosed, and the company aims to strengthen its product development capabilities by entering the SPA business.
Nikkei reported on the 24th that MatsukiyoCocokara & Co. had announced it would acquire John Masters Holdings. The acquisition price was not disclosed, and the target is JMHD. The official structure of the acquisition has not been disclosed.
The stated aim of the acquisition is to strengthen product development capabilities by entering the specialty store retailer of private label apparel (SPA) business in the high-margin cosmetics sector.
M&A and restructuring aimed at strengthening manufacturers' functions, including through the SPA model, are gaining momentum in the retail industry. On the same day, reports said that Nojima had decided to acquire Hitachi's white goods business.
The acquisition is positioned as part of the companies' strategies amid industry restructuring, and attention is focused on future developments and the integration following the acquisition.