KAO Corp. snares John Frieda haircare for $450m
Women's Wear Daily – 12/01/2002
By Andrea M. Grossman
Another independent brand is being snapped up – Kao plans to buy John Frieda Professional Hair Care for $450 million.
The purchase of John Frieda professional, a $160 million company, immediately ranks Kao as a top-10 U.S. hair care manufacturer, most notably with the Frizz-Ease, Sheer Blonde and Beach Blonde brands.
Michel Dyens & Co. acted as financial advisor to John Frieda in the transaction.