Looks like you’re on the UK site. Choose another location to see content specific to your location
Unilever completes acquisition of skincare brand Murad
Unilever has announced the completion of its acquisition of the leading clinical skincare brand Murad for an undisclosed fee.
As originally announced in July, the deal sees Murad incorporated into Unilever's prestige division, which is exclusively dedicated to select distribution and premium personal care brands.
Founded in 1989 in LA by Dr Howard Murad, the company offers a range of antioxidants, anti-inflammatories and hydrators to address a wide range of skincare needs, from acne to anti-ageing.
The brand has a significant presence in the US through professional salons, spas and specialist retailers, as well as a regional hub for Europe located in the UK. Murad products are found in more than 42 countries.
Paul Polman, Unilever's chief executive officer, said: "We are delighted to welcome Murad to our portfolio of prestige personal care brands. As an expert 'doctor brand', Murad offers products in a differentiated clinical and holistic well-being segment."
Following on from the recent acquisitions of Dermalogica, Kate Somerville and REN, this deal will position Unilever has a leading player in the personal care prestige segment.
We have hundreds of jobs available across the Healthcare industry, find your perfect one now.
Stay informed
Receive the latest industry news, Tips and straight to your inbox.
- Share Article
- Share on Twitter
- Share on Facebook
- Share on LinkedIn
- Copy link Copied to clipboard