The Tokyo-based group behind brands such as John Frieda, Jergens and Bioré and the Melbourne company known for its sunscreen and self-tanning products did not disclose terms of the deal.
The agreement will see Kao Corporation’s wholly-owned overseas subsidiaries Kao Australia Pty. Limited and Kao USA Inc. acquire the Bondi Sands brands through Bondi Sands Australia Pty Ltd and related Bondi Sands companies.
Kao, which is known for its UV…