L'Oréal has acquired the health and beauty business of Interconsumer Products Limited (ICP), a Kenyan firm which has strong positions in the hair and skin care markets and recorded sales of approximately $19.5 million 2012.   This acquisition highlights the strategic importance of Africa for L'Oréal and demonstrates our confidence in this region and its market potential driven by a rising middle class, growing income and long tradition of beauty practices.   L’Oréal says the  acquisiti...