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Date: April 2023
Buyer: L’Oréal
Target: Aēsop
Business: Luxury Beauty Brand
Value: USD 2.525 billion
Details: L’Oréal has made its largest acquisition to date by signing an agreement with Natura &Co, to acquire Australian luxury brand Aēsop. The deal remains subject to regulatory approval and comes following L’Oréal’s acquisition of smaller brands such as Californian skincare brand Youth To The People in late 2021 and American skincare brand Skinbetter Science in late 2022.
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