Johnson & Johnson finalises acquisition of Japan beauty firm Ci:z Holdings

By Amanda Lim

- Last updated on GMT

Johnson & Johnson finalises acquisition of Japan beauty firm Ci:z Holdings
Johnson & Johnson has finalised the purchase of all of the outstanding shares of Japanese health and beauty firm Ci:z Holdings, which boasts brands such as Dr.Ci:Labo, Labo Labo and Genomer.

There were around 20 million shares of Ci:z not already held by Johnson & Johnson (J&J) tendered in the offer. This represents 41% of the outstanding share of the company.

J&J will acquire all tendered shares for ¥5,900 ($54.58) and purchase additional shares through the acquisition of CIC Corporation, the ownership vehicle of Ci:z founder, Yoshinori Shirono.

This will give J&J an aggregate ownership interest in Ci:z of 89%. J&J previously reported that the deal would be worth approximately ¥230 billion ($2.05 billion).

The finalisation of the deal is expected to take place on January 17.

After settlement and acquisition of CIC, J&J said it plans to buy out the remaining shares of Ci:z in the first half of 2019. It added that it plans to take action to delist the company from the Tokyo Stock Exchange.

Long-term partnership

In July 2016, Cilag GmbH International, an affiliate of J&J, entered into a long-term partnership with Ci:Z to help distribute its products outside Japan. As part of the deal, Cilag acquired approximately 19.9% of the company’s shares.

J&J announced plans to acquire the Japanese company in October to help strengthen its market presence in Japan and bolster its offering in science-based dermocosmetic brands.

"Health and beauty consumers are actively seeking science-based innovation to improve their skin,"​ said Jorge Mesquita, worldwide chairman, Johnson & Johnson Consumer.

"This transaction will maximise value creation for Johnson & Johnson's Consumer business by bringing in an agile innovation model and rapidly accelerating sales through our global commercialisation expertise."

Expanding footprint in Asia

The American multi-national made strides to increase its presence around Asia in 2018.

Aside from the acquisition of Ci:Z, J&J celebrated the grand opening of its regional headquarters in Singapore’s Science Park.

The new facility is home to the firm’s first design lab outside of New York, a Leadership Lab, and the company's first international Johnson & Johnson Human Performance Institute.

Related news

Show more

Related products

show more

Calendula Cellular Elixir: Alchemy in a cell

Calendula Cellular Elixir: Alchemy in a cell

Content provided by Naolys | 11-Jun-2024 | Product Brochure

Get ready to experience a cellular evolution in skincare with InnerLift Calendula's advanced Plant Cell biotechnology.

Exosomes: Passing Trend or Transformative Reality?

Exosomes: Passing Trend or Transformative Reality?

Content provided by Naolys | 23-Feb-2024 | Sponsored Link

Exosomes, microscopic vesicles naturally present in abundance within Plant Cells, have garnered significant attention within the scientific and cosmetic...

Give collagen and your products a boost

Give collagen and your products a boost

Content provided by Lycored SARL | 14-Feb-2024 | White Paper

Lumenato, Lycored’s scientifically supported proprietary wellness extract, gets to work quickly complementing and protecting the structural benefits of...

Follow us


View more



Beauty 4.0 Podcast