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Clearskin Clinics bought out for $127.4m
Baker McKenzie has advised Australian Pharmaceutical Industries on its purchase of cosmetic skin and laser hair removal business Clearskin Clinics.
Jerome Doraisamy
Firm: Baker McKenzie (Australian Pharmaceutical Industries Limited) (API); Allens (Clearskin Clinics).
Value: $127.4 million.
Area: Corporate markets.
Key players: The Bakers team was led by partner Arthur Apos, who was supported by Chris Taylor, Sam Mossman, Toby Patten, Sabrina Chan, Emilie Fary, Chuong Nguyen, Ellen Adianto and Sinan Alnajjar.
Deal significance: Speaking about the deal, Mr Apos said: “The acquisition represents a growth and diversification opportunity for API and complements their existing customer footprint and retail expertise”.
“The acquisition structure facilitates the continued involvement of the founders to assist API with the integration and continued growth and development of the business,” he said.
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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