Shiseido’s $845 Million Acquisition Of Drunk Elephant

Jones Day advised Shiseido in the acquisition. Sidley Austin and Vinson & Elkins advised Drunk Elephant.

Drunk Elephant is a VMG Partners-backed leading and fast-growing prestige skincare brand and a recognized expert in developing clean-compatible and effective products.

Shiseido Americas Corporation is a subsidiary of Tokyo-based Shiseido Company Limited (TSE: 4911) with a portfolio of prestige beauty brands, including Shiseido, NARS, Clé de Peau Beauté, bareMinerals, Laura Mercier, and several prestige fragrance brands including Issey Miyake, narciso rodriguez, and Dolce & Gabbana.

The acquisition, which is subject to regulatory approval and customary closing conditions, is expected to be completed later in the fourth quarter of 2019.

Jones Day advised Shiseido. The team was led by David A. Grubman (Picture), Erin De La Mare, Ryan Drzemiecki.

Sidley Austin and Vinson & Elkins advised Drunk Elephant. The Sidley team was led by Mark Metts, David M. Grinberg, Katy L. Lukaszewski, Mark K. Castiglia, David A. Azcarraga. The V&E team was led by Keith Fullenweider, Claire Campbell, Sara Bloom, Maggie Webber, John Lynch, Liz Snyder, Shane Tucker, Sean Becker, Regina Ibarra and Christie Alcalá.

Involved fees earner: Erin de la Mare – Jones Day; Ryan Drzemiecki – Jones Day; David Grubman – Jones Day; David Azcarraga – Sidley Austin LLP; Mark Castiglia – Sidley Austin LLP; David Grinberg – Sidley Austin LLP; Katy Lukaszewski – Sidley Austin LLP; Mark Metts – Sidley Austin LLP; Christie Alcalá – Vinson & Elkins LLP; Sean Becker – Vinson & Elkins LLP; Sara Bloom – Vinson & Elkins LLP; Maggie Dunlap Webber – Vinson & Elkins LLP; Keith Fullenweider – Vinson & Elkins LLP; Regina Ibarra – Vinson & Elkins LLP; John Lynch – Vinson & Elkins LLP; Claire Smyser Campbell – Vinson & Elkins LLP; Liz Snyder – Vinson & Elkins LLP; Shane Tucker – Vinson & Elkins LLP;

Law Firms: Jones Day; Sidley Austin LLP; Vinson & Elkins LLP;

Clients: Drunk Elephant LLC; Shiseido;

Author: Ambrogio Visconti