(CercleFinance.com) – L’Oral announces this morning the signing of an agreement for the acquisition of Skinbetter Science, an American skincare brand. ‘The brand’s growth is one of the strongest among prescription skincare brands in the United States.
Skinbetter Science, renowned for its innovative formulations, incorporates state-of-the-art active ingredients intended for anti-aging, moisturizing, cleansing and exfoliating treatments, as well as sun protection and peelings’, indicates the group. Skinbetter Science has achieved a figure of business of more than $95 million over the rolling twelve months to July 31, 2022.
For Myriam Cohen-Welgryn, President of the Active Cosmetics Division of the L’Oral group, “the acquisition of Skinbetter Science will perfectly complement the Active Cosmetics Division’s portfolio and strongly contribute to the mission that has always been ours: to advance the health and beauty through science and innovation.’Copyright (c) 2022 CercleFinance.
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