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Joins the L’Oréal Luxe division with plans to expand its China and travel retail business.
April 4, 2023
By: Christine Esposito
Editor-in-Chief
L’Oréal has acquired Aēsop, the Australian luxury beauty brand that is part of Natura &Co. The proposed transaction values Aēsop at an enterprise value of $2.525 billion. The brand will be part of L’Oréal Luxe. Created in 1987, Aēsop is a global purveyor of skin, hair and body products, well known for its signature amber packaging, plant-based ingredients, sustainable vegan formulations, and bespoke customer service. The brand, which is available across luxury retail, beauty and hospital...
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