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Negotiating with Shiseido to pick up Paris-based beauty brands.
October 17, 2013
By: TOM BRANNA
Editor
Shiseido Co., Ltd. has received of a proposal from L'Oréal to acquire the Carita and Decléor brands for approximately €230 million, subject to standard closing adjustments. The beauty giants are currently negotiating the terms and conditions of the sale. Decléor and Carita are part of the Shiseido Professional Division and provide skin care products and services to professional and retail channels mainly in Europe. According to L’Oréal, the Decleor/Carita group achieved turnover of approx...
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