OK
The Universal Selection Source:
Cosmetics Ingredients
Industry News

L'Oréal Concludes Sale of The Body Shop to Natura

Published on 2017-09-11. Author : SpecialChem

After obtaining the necessary authorizations from the relevant authorities, L'Oréal and Natura Cosméticos SA have finalized on 7 September 2017, the definitive agreement for the sale of The Body Shop to Natura, in accordance with the terms of the project announced on 9 June 2017.

L'Oréal Concludes Sale of The Body Shop to Natura
L'Oréal Concludes Sale of The Body Shop to Natura

Sale of Body Shop to Natura


The proposed transaction had valued The Body Shop at an enterprise value of 1.0 billion euros.

Acquired by L’Oréal in 2006, The Body Shop is a British iconic brand, focusing on innovative, nature-inspired products. Founded in 1976 by Anita Roddick in Brighton, England, The Body Shop has expanded into a global leader in ethical and natural beauty, with the deep-rooted belief that business can be a force for good.

It is now present in more than 60 countries around the world, through various distribution channels including more than 3,000 point of sales and e-commerce. In 2016, it generated retail sales of around 1.5 billion euros and net sales of 921 million euros.

PS: If you liked this News, you might enjoy our Cosmetics Industry Newsletter. All the Industry News delivered once a week right to your inbox. Sign up here!


Source: L'Oréal
Be the first to comment on "L'Oréal Concludes Sale of The Body Shop to Natura"

Leave a comment





Your email address and name will not be published submitting a comment or rating implies your acceptance to SpecialChem Terms & Conditions
Channel Alerts

Receive weekly digests on hot topics

Back to Top