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Deal boosts Natura's sales to $3.7 billion.
September 8, 2017
By: TOM BRANNA
Editor
After obtaining the necessary authorizations from the relevant authorities, L'Oréal and Natura Cosméticos SA have finalized the sale of The Body Shop to Natura. The deal was announced on June 9, 2017. According to observers, Natural paid about $1.1 billion for the natural beauty company. L’Oréal put The Body Shop up for sale in February following sluggish sales at the brand, saying that it wanted to give the business the “best opportunities and full ability to continue its development....
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