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New Deal


Announced

Completed

L'Oreal completed the acquisition of Youth of the People.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

United States

skin health care

Completed

Cosmetics

Acquisition

Private

beauty care

Majority

Friendly

cosmetics

Cross Border

Synopsis

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L'Oreal, a manufacturer and seller of cosmetic products for women and men worldwide, completed the acquisition of Youth of the People, a provider of skincare products that helps to replenish and renew tired skin. Financial terms were not disclosed. “We have been inspired by the passion and vision of the brand’s two founders, Joe Cloyes and Greg Gonzalez, in bringing the best of the health-conscious, California lifestyle to high performance beauty. We believe in the potential of this special brand, and we look forward to working with the Youth to the People team to help them realize this potential. I am thrilled to have Youth to the People join our growing portfolio of American brands on the West Coast,” Stéphane Rinderknech, L'Oréal President North America & Chief Executive Officer.

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