L’Oréal to invest in Functionalab Group.

L’Oréal, a cosmetic products manufacturer, is set to invest in Functionalab Group, an operator of aesthetic clinics. Financial terms were not disclosed. "This strategic partnership with L’Oréal not only validates our leadership position in Canada, but also the unique positioning and attractiveness of our concepts and brands in the field of aesthetic medicine clinics. We are proud to be able to count on the support of L’Oréal to continue executing and accelerating our growth plan, including geographic expansion," Francis S. Maheu, Functionalab Group Co-Founder, and CEO.