On December 22, 2023, Unilever, announced that it has entered into a definitive agreement to acquire premium biotech haircare brand K18. Wilson Sonsini Goodrich & Rosati is advising K18 on intellectual property, technology transaction, and corporate matters related to the transaction.

Founded in 2020 by Suveen Sahib and Britta Cox, K18 is a fast-growing brand that sits at the intersection of beauty and biotechnology. K18 offers a range of products to address hair damage.

Terms of the deal were not disclosed. The transaction is expected to close in the first quarter of 2024.

The Wilson Sonsini team advising K18 on the transaction includes:

Patents and Innovations
Deborah Smith
Alicia Umpierre
Victoria Cheng
Lindsey Lewis-Spees

Technology Transactions
Ian Edvalson
Sai Upadhyayula

Corporate
Kassandra Castillo

Trademark and Advertising
Alyssa Worsham
Chelsea Carbone

For more information, please see Unilever's news release. Additional coverage can be found on Vogue Business, Women's Wear Daily, and Business of Fashion.