Thursday, September 28, 2017
Prestigious Kate Somerville Skincare Line Bought By Unilever
Founded in 1986, the San Francisco-based private equity firm JH Partners has built a reputation for recruiting and investing growth capital in popular consumer brands. An example of JH Partners’ successful sale executions is its sale of a 75 percent ownership in the prestigious independent brand, Kate Somerville Skincare LLC.
One of the best-liked names in the premium skincare market, Kate Somerville blends natural botanicals with unique active ingredients for results that customers love. Some of its most popular products are the Exfolikate and Dermal Quench at-home skin therapies. Having expanded throughout the United States, the brand now has its sights set on growing its prominence in Asia with the support of its new parent company, Unilever.
Boasting that the most famous faces in Hollywood prefer Kate Somerville Skincare’s top-quality products, Unilever’s senior vice president, Vasiliki Petrou, said she is confident that the brand with break through into more markets in Asia.
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