June 2, 2016
Vogue International and The Carlyle Group (NASDAQ: CG) have announced that Johnson & Johnson Consumer Inc. has agreed to purchase Vogue International from Founder & CEO Todd Christopher and The Carlyle Group for $3.3 billion. Based in Clearwater, FL, Vogue is a creator and distributor of salon-heritage hair care and personal care products, primarily under the OGX® brand. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2016.
Latham & Watkins LLP advised Vogue and Carlyle on the transaction with a deal team led by Washington, D.C. partner Paul Sheridan and Chicago partner Shaun Hartley with Washington, D.C. associates Cory Tull and Brad Guest. Advice was also provided by New York partner David Raab with New York associate Matthew Dewitz on tax; by Washington, D.C. partner David Della Rocca with Washington, D.C. associate Marysia Mullen on employee benefits; by Washington. D.C. partner James Barrett on environmental matters; and by New York partner Steven Betensky on intellectual property.