Acquisition of Molton Brown by KAO Group
Press Release – 07/15/2005
Molton Brown, the modern luxury goods brand focusing on bath & body, skin and hair care, and which is owned by private equity firm Bridgepoint and management, announces that it has been acquired by Kao Corporation of Japan.
The total consideration for 100% of the shares in Molton Brown is £170 million including repayment of the debt.
Bridgepoint first took a minority shareholding in the business in 1994, later leading an institutional buyout and taking a majority stake in 2003. Molton Brown was advised by:N M Rothschild & Son Ltd, Michel Dyens & Co. and Travers Smith Braithwaite.