Acquisition closed
L'Oréal acquires Aesop (2023)
L'Oréal completed the acquisition of Aesop on 31 August 2023 for $2.52 billion, buying from Natura &Co.[1]
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.
Deal facts
- Announced
- Closed
- Value
- $2.52 billion (enterprise value)
- Buyer
- L'Oréal
- Seller
- Natura &Co
- Assets
- Aesop
- Regulatory review
- None recorded
Ownership changes recorded from this deal
Who owns Aesop today?
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] L'Oréal completes the acquisition of Aesop — L'Oréal S.A., Official press release, published 31 August 2023; retrieved 8 September 2026.
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