L'Oreal completed the acquisition of a 36.13% stake in SkinSpirit for €266.7m.

L'Oreal, a cosmetics manufacturer, completed the acquisition of a 36.13% stake in SkinSpirit, a face and body services provider, for €266.7m. L'Oréal views the integration of aesthetic procedures into beauty routines as a growing trend. This investment allows the company to gain deeper insights into consumer needs regarding aesthetic treatments and to offer customized beauty solutions.