Shiseido is a Japanese multinational personal care company, that is a skin care, hair care, cosmetics and fragrance producer. It is one of the oldest cosmetics companies in the world.
- Founded 1872
- Headquarters Chuo, Tokyo, Japan
- January 25, 2021: CVC Capital Partners has entered advanced talks to acquire the shampoo and skincare business of Japanese cosmetics company Shiseido for between 150 billion yen and 200 billion yen (about $1.5 billion to $1.9 billion). The Japanese cosmetics maker seeks to focus more on high-end products. The personal care business includes low-priced shampoo, skincare and body care products, including the TSUBAKI brand, that are also marketed in China and other Asian markets.
- Cosmetics makers have been hit by the coronavirus pandemic that has led to shop closures and a drop in foreign visitors to Japan due to a sweeping entry ban. Cosmetics are often among major purchases by visitors from countries like China.
