We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

L'Oreal Buys Skincare Brands From Valeant

January 10, 2017: 12:00 AM EST
L'Oreal SA has agreed to acquire the skincare brands CeraVe, AcneFree, and Ambi from Valeant Pharmaceuticals International Inc. Worth more than $1.3 billion in cash, the deal covers the brands, which account for $168 million in combined annual revenue. Aside from supporting L'Oreal's fastest-growing businesses, the acquisition of Valeant's skincare brands is also expected to help the company expand its US operations.
Andrea Felsted, "L'Oreal's Pricey Problem Solvers", Bloomberg Gadfly, January 10, 2017, © BLOOMBERG L.P.
Domains
PERSONAL CARE BUSINESS
Brands
Market Segments
Operations
Strategy
Cosmetics
Skin Care
Geographies
Worldwide
North America
EMEA
United States of America
Europe
France
Categories
Companies, Organizations
Deals, M&A, JVs, Licensing
Market News
Products & Brands
Developed by Yuri Ingultsov Software Lab.