Friday, September 1, 2017

Unilever Prestige’s Strategic Acquisition of Kate Somerville Skincare


Based in San Francisco, JH Partners, LLC, maintains a portfolio of consumer-facing companies in which it has significant holdings. In 2015, JH Partners divested its holdings in Kate Somerville Skincare, LLC, which holds a strong position in America’s premium skincare market. 

The innovative products Kate Somerville offers include those that combine natural botanicals with active ingredients and are part of an advanced Active Balance Technology™ line, which has attracted repeat customers. Numerous Hollywood personalities utilize the skincare products, which adds a touch of glamor. Recognized for innovative performance, the products have attained a significant foothold in the Asian market as well. Among the most popular treatments are Dermal Quench and Exfolikate. 

Kate Somerville Skincare’s acquisition by Unilever Prestige took place as part of an expansion of Unilever’s personal care portfolio. As described by a Unilever Prestige Brands executive, the global skincare and beauty products leader was attracted by Kate Somerville’s highly differentiated products, which it felt had significant potential to break into new markets.

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