News

Unilever Acquires Dollar Shave Club

Unilever, a supplier of food, home and personal-care products, is set to purchase men’s grooming brand Dollar Shave Club. Terms of the transaction were not disclosed, though Michael Dubin is expected to continue to serve as CEO of DSC.

DSC, headquartered in the Venice area of Los Angeles, California, was founded in 2012. Since inception, it has worked to transform the shaving category through its lifestyle brand, empowering 3.2 million members, and is on track to exceed $200 million in 2016.