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Beauty firm buys device maker Pacific Bioscience Laboratories.
November 10, 2011
By: TOM BRANNA
Editor
L’Oréal USA is acquiring Pacific Bioscience Laboratories, Inc. (PBL), maker of Clarisonic, a market leader in the rapidly growing area of skin care devices. Financial terms were not announced. Established in 2001, PBL developed its patented technology, enabling a series of highly popular products under the Clarisonic brand, including the Clarisonic Classic, Clarisonic Mia, Clarisonic Plus and Pro, and the Clarisonic Opal Sonic Infusion System.The firm recorded sales of $105 million in fisca...
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