Colgate Buys Laboratoires Filorga Cosmétiques

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By: TOM BRANNA

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FRANCE: As part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, and expanding its portfolio in premium skin care, Colgate-Palmolive Company has agreed to acquire the Laboratoires Filorga Cosmétiques (Filorga) skin care business for about $1.69 billion. Filorga is a premium anti-aging skin care brand focused primarily on facial care. Originally founded in France in 1978, the brand is available in more than 60 countries with its largest mar...

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