PARIS – Shiseido Europe said it has agreed to amass Gallinée Ltd., the microbiome skincare brand based in London.
Financial terms of the deal weren't disclosed.
Skincare focused on the skin’s microbiome has been a rapidly growing category in the wonder industry, as wellness becomes a vital priority for consumers. The skin microbiome plays a key role in skin and overall health by protecting the body from the surface world.
“The acquisition of Gallinée exemplifies Shiseido’s commitment to the skin beauty category, helping us realize our mission to integrate skin beauty and inner beauty, as we proceed to position ourselves to ‘Be a Global Winner with Our Heritage,’” said Shiseido in a press release released Wednesday.
Shiseido Europe is a subsidiary of Shiseido Co....
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