M&A Activity • Feb 20, 2014
M&A Activity
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Clichy 20 February 2014 – Following the announcement released in October 2013, L'Oréal and Shiseido have finalised the contracts for the acquisition by L'Oréal of Decléor and Carita.
Closing will be effective pending remaining approvals from regulatory authorities.
L'Oréal has devoted itself to beauty for over 105 years. With its unique portfolio of 28 international, diverse and complementary brands, the Group generated sales amounting to 23 billion euros in 2013 and employs 77,500 people worldwide. As the world's leading beauty company, L'Oréal is present across all distribution networks: mass market, department stores, pharmacies and drugstores, travel retail and branded retail.
Research and innovation, and a dedicated research team of 4,000 people, are at the core of L'Oréal's strategy, working to meet beauty aspirations all over the world and attract one billion new consumers in the years to come. L'Oréal's new sustainability commitment for 2020 "Sharing beauty with all" sets out ambitious sustainable development objectives across the Group's value chain. www.loreal.com
"This news release does not constitute an offer to s ell, or a solicitation of an offer to buy L'Oréal shares. If you wish to obtain more comprehensive information about L'Oréal, please refer to the public documents registered in France with the Aut orit é des Marchés Financiers, also available in English on our Internet site www.loreal-financ e.com.
This news release may contain some forward -looking statements. Although the Company considers that these statements are bas ed on reas onable hypotheses at the dat e of publication of t his release, they are by their nature subject to risks and uncertainties which could cause actual results to differ mat erially from those indic ated or projected in these statements."
| Individual shareholders | Financial analysts and | |
|---|---|---|
| and market authorities | Institutional investors | Journalists |
Mr Jean Régis CAROF Mrs Françoise LAUVIN Mrs Stephanie CARSON-PARKER Tel: +33 1 47 56 83 02 Tel: +33 1 47 56 86 82 Tel: +33 1 47 56 76 71
[email protected] [email protected] [email protected]
For more information, please contact your bank, broker or financial institution (I.S.I.N. code: FR0000120321), and consult yo ur usual newspapers, and the Internet site for shareholders and investo rs, http://www.loreal-finance.com, or alternatively, call +33 1 40 14 80 50.
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