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Aderans expanding services in U.S. hair replacement market

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Aderans Co said Tuesday that it has entered into an agreement to purchase Hair Club, a leader in hair replacement services in North America, for $163.5 million. Under the terms of the transaction, Aderans will purchase all of the outstanding common stock of Hair Club from Regis Corporation.

“We are delighted to welcome Hair Club into the Aderans family of businesses,” said Nobuo Nemoto, Representative Director and Founder of Aderans. “Acquiring Hair Club is an important step in our previously announced strategic shift away from focusing on business reorganization to emphasizing global revenue and profit expansion.”

Headquartered in Tokyo, Aderans is a global provider of hair replacement and restoration products and services, owning internationally-recognized brands ADERANS for men, FONTAINE for women, and BOSLEY, a provider of hair loss solutions and medical hair restoration.

“As a result of this acquisition, we will be able to offer the most comprehensive set of hair replacement and hair restoration services in the North American marketplace and provide consumers with a full array of hair loss solutions through our complementary businesses,” said Joshua Schechter, Chairman of Aderans America Holdings, Inc. “We look forward to providing world-class products and service to Hair Club customers and to working with Hair Club franchisees and employees to expand the brand and grow the business.”

© Business Wire

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