Selected Transactions

LUXURY / BEAUTY

UNILEVER ACQUIRES TIGI

Unilever, one of the world's largest consumer goods companies, has signed an agreement to acquire the global TIGI professional hair product business from Bruno, Anthony and Guy Mascolo for a cash consideration of $411.5 million. In addition, further payments related to future growth may be made contingent upon meeting certain thresholds. TIGI's major brands include Bed Head®, Catwalk® and S-Factor®. TIGI has operations in the United States, United Kingdom, Ireland, Italy, Germany and Australia, and had worldwide sales of approximately $250 million in 2008, with almost half coming from the United States. Unilever's other consumer brands include Dove, Ben & Jerry's, Lipton, SlimFast, Knorr, Clear and many others. TIGI was advised exclusively by Michel Dyens & Co. in this transaction.


PRESS

01/26/09 TIGI joins forces with Unilever

01/26/09 Unilever buys salon brands ...

01/26/09 Unilever acquires TIGI

01/26/09 Unilever strikes $412 million hair deal