TOKYO & BEVERLY HILLS, Calif.–(BUSINESS WIRE)–Aderans Co., Ltd. (“Aderans”) (8170.T) appear today that it has entered into an acceding to acquirement Beard Club, a baton in beard backup casework in North America, for US$163.5 million. Under the agreement of the transaction, Aderans will acquirement all of the outstanding accepted b of HC (USA), Inc. from Regis Corporation (NYSE:RGS).
“We are captivated to acceptable Beard Club into the Aderans ancestors of businesses,” said Nobuo Nemoto, Representative Director and Founder of Aderans. “Acquiring Beard Club is an important footfall in our ahead appear cardinal about-face abroad from absorption on business about-face to emphasizing all-around acquirement and accumulation expansion.”
Headquartered in Tokyo, Japan, Aderans is a all-around provider of beard backup and apology articles and services, owning internationally-recognized brands ADERANS for men, FONTAINE for women, and BOSLEY, a provider of beard accident solutions and medical beard restoration.
“As a aftereffect of this acquisition, we will be able to action the best absolute set of beard backup and beard apology casework in the North American exchange and accommodate consumers with a abounding arrangement of beard accident solutions through our commutual businesses,” said Joshua Schechter, Chairman of Aderans America Holdings, Inc. “We attending advanced to accouterment world-class articles and account to Beard Club barter and to alive with Beard Club franchisees and advisers to aggrandize the cast and abound the business.”
Bryan Cave LLP is acting as acknowledged adviser to Aderans in affiliation with the transaction. The transaction is accountable to achievement of authoritative requirements and added closing conditions.
Founded in 1969, Aderans is a all-around provider of beard backup and apology articles and services, whose internationally-recognized brands accommodate ADERANS custom-built wigs, beard articles and casework for men, FONTAINE custom-built and ready-to-wear wigs, articles and casework for women, and BOSLEY, accouterment beard accident solutions and medical beard restoration.
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