Announced
Financials
Tags
United States
Single Bidder
Acquisition
skincare brand
Personal Products
Cross Border
Majority
Private
Pending
Friendly
Synopsis
L’Oréal, a French personal care company, agreed to acquire Skinbetter Science, a physician-dispensed American skincare brand. Financial terms were not disclosed. “We are thrilled to welcome the Skinbetter Science team to L’Oréal. I am confident the brand will strengthen our North America dermatological beauty business, an area that we believe has dynamic growth potential. Together with Christina Fair and our Active Cosmetics Division, we see an opportunity to draw on the strength of the fantastic team behind the brand and reinforce the relationships of trust that they have built with their healthcare professional partners to take this part of our business to the next level,” David Greenberg, L'Oréal USA and President, North America Zone CEO.
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