Australian skincare brand Bondi Sands sold to $26b Japanese giant

Iconic Australian beauty brand sold to Japanese giant

The mega-deal was announced on Tuesday.

Australian skincare brand Bondi Sands sold to $26b Japanese giant

In a deal estimated to be worth more than $400 million, self-tanning brand Bondi Sands is the latest Australian business to be sold to an international conglomerate.

Bondi Sands sold to Japanese beauty giant

Australian self-tanning juggernaut Bondi Sands has been sold to a Japanese beauty giant in a deal rumoured to be worth $450 million.Japan Exchange Group-listed Kao Corporation owns a number of global luxury beauty brands such as Oribe, Bioré, Laurier, Molton Brown and more.Bondi Sands was launched in 2012 years ago by Melbourne businessmen Blair James and Shaun Wilson and claims to be "the Number 1 self-tan brand globally".READ MORE: Euphoria st…