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Unilever Acquires Dollar Shave Club

July 19, 2016: 12:00 AM EST
Unilever said it has agreed to acquire Dollar Shave Club, a company that delivers shaving and other male grooming products directly to consumers by mail. Based in Venice, California, DSC has 3.2 members and reported $152 million in sales in 2015. Expected to close in the third quarter of 2016, subject to regulatory approval, the deal will see Michael Dubin remaining as CEO of DSC.
"Unilever Acquires Dollar Shave Club", Business Wire, July 19, 2016, © Business Wire
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