K-Art-Factory Co., Ltd. agreed to acquire 0.53% stake in Adjuvant Cosme Japan Co., Ltd..
April 24, 2014 at 12:00 am EDT
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K-Art-Factory Co., Ltd. agreed to acquire 0.53% stake in Adjuvant Cosme Japan Co., Ltd. (TSE:4929) on April 24, 2014. K-Art-Factory Co., Ltd. will acquire 0.04 million shares in Adjuvant Cosme Japan Co., Ltd. In a related transaction, K-Art-Factory Co., Ltd. will issue 90 shares to Adjuvant Cosme Japan Co., Ltd.
Adjuvant Holdings Co Ltd, formerly Adjuvant Cosme Japan Co Ltd, is a Japan-based company mainly engaged in the planning, research, development and sale of adjuvant cosmetics, and the provision of related services. The Company is engaged in the provision of skin care products such as cleansings, facial cleanser, lotions, masks, moisturizing creams, makeup bases, makeup products and body care products, hair care products such as shampoos, treatments, scalp cleansers, scalp lotions, styling products and coloring products, as well as other products such as cloud-based management support systems and computer software related products. The Company is engaged in the provision of products to hairdressing salons, esthetic salons, nail salons, eyelash salons, beauty clinics and others.