L'Oréal (EPA: OR) is a publicly listed company headquartered in Clichy, France that owns 20 consumer brands, and has 1 recorded transaction.[1]
L'Oréal was founded in 1909 by chemist Eugène Schueller, who had developed a hair dye. It is the largest cosmetics company in the world and is organised into consumer products, luxe, dermatological beauty and professional products. The Bettencourt Meyers family and Nestlé are its two largest shareholders.
L'Oréal acquired the Australian skincare brand Aesop from Natura &Co for $2.525 billion, its largest acquisition. Natura sold to reduce the debt it had taken on buying Avon and The Body Shop, so one group's retrenchment funded another's expansion.