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Drunk Elephant Has Been Purchased by Shiseido for $845 Million

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Skin-care brand Drunk Elephant has just announced a deal with Shiseido, which has acquired a 100 percent stake in the company for a total of $845 million. The deal is set to close by the end of 2019, and Drunk Elephant founder Tiffany Masterson will remain its chief creative officer.

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PBM CASE PPT.pdf - Shiseido Acquires Drunk Elephant ○ Tiffany Masterson founded Drunk Elephant in 2012 in Houston. ○ A skincare product brand that

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BeautyMatter on Instagram: Founded in 2013 by Tiffany Masterson and acquired by Shiseido in 2019 for $845 million, Drunk Elephant enjoyed a meteoric rise to success throughout its 10-year history, and it