MatsukiyoCocokara & Co. announced plans to acquire John Masters Organics HD, an organic cosmetics company. It will acquire all shares and place the company under its group as a subsidiary, with the aim of strengthening product development capabilities, expanding its product lineup and reducing manufacturing costs. The acquisition price was not disclosed, while the target's sales are reported to be approximately ¥4.6 billion.
MatsukiyoCocokara & Co. announced the acquisition of John Masters Organics HD, an organic cosmetics brand company. The acquisition will be carried out through the purchase of all the company's shares from Asparant Group, and the company is expected to come under the umbrella of a MatsukiyoCocokara subsidiary.
The company said the acquisition is intended to strengthen its cosmetics product development capabilities, expand its product lineup and reduce manufacturing costs. The specific investment amount was not disclosed.
The target's sales for the fiscal year ending September 2025 were approximately ¥4.6 billion. The integration is expected to strengthen its development structure and product portfolio.