Announced

L’Oréal to acquire a majority stake in Medik8 from Inflexion at a €1bn valuation.

Synopsis

L’Oréal, a French multinational personal care corporation registered in Paris, agreed to acquire a majority stake in Medik8, a British skincare brand, from Inflexion, a private equity firm, at a €1bn valuation. As part of the transaction, Inflexion, a leading European mid-market private equity firm, will remain a minority shareholder. The Founder will continue to serve on the board, with the current management committee also remaining in place to ensure continuity.

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