Confirmed Control Closed Transaction verified CPGSelf TanSkin CareSun Care

Bondi Sands acquired by Kao Corporation

Kao Corporation acquired Bondi Sands, an Australian skincare brand.

Transaction summary

Target
Bondi Sands
Acquirer
Kao Corporation
Seller
-
Announced
2023-08-01
Geography
Australia
Type
Acquisition
Deal type
Control
Stake acquired
-
First added
2026-06-15
Latest update
2026-10-21

Value and multiples

100% enterprise value

AUD 450M

100% enterprise value | AUD

Basis: FundComb estimate

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

Approx. $298M USD using FX date 2023-08-01 at 0.6626 AUD/USD.

EV / revenue

4.2x

Period not stated

Basis: FundComb estimate

EV / EBITDA

-

EBITDA basis not stated

Basis: FundComb estimate

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: AUD 450M

Spreadsheet states AUD 450m. Google News headlines from Cosmetics Business and Retail Beauty dated Aug. 1, 2023 state Bondi Sands was sold/acquired for $450 million, but the snippets do not specify currency.

Basis

  • FundComb’s comps spreadsheet gives a price of AUD 450m and revenue of AUD 106m: 4.2x revenue. The revenue period is not stated. These are FundComb estimates, not confirmed by a public source. Cosmetics Business and Retail Beauty reported a $450 million deal on 1 August 2023 without stating the currency.

Source summary

Kao accelerates growth strategy for Consumer Care Business following Bondi Sands acquisition - Kao

Confirmed
Open via Google News

Continue your research

Explore more comps →