Unilever's acquisition of Tatcha has beauty companies and investors paying attention. Here's a look at financing and market trends in the beauty space.
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On June 10, Unilever announced a deal — reported to be worth $500M — to acquire luxury Japan-inspired skincare brand Tatcha, a San-Francisco based startup which we identified as being a potential beauty M&A target in this briefing.
This is Unilever’s largest acquisition in the skincare space since it acquired premium brand Carver Korea in 2017 for $2.7B.
