France $230 Billion Beauty & Comestic Giant L’Oreal Buys Majority Stake in UK Skincare Medik8 at $1 Billion Enterprise Value, Founded by Scientist Elliot Isaacs in 2009 & Acquired by UK Private Equity Firm Inflexion in 2021, L’Oreal Founded in 1909 by Chemist Eugene Schueller
10th June | Hong Kong
France beauty & comestic giant L’Oreal ($230 billion market value) has announced to buy a majority stake in UK skincare Medik8 at reported $1 billion enterprise value, founded by scientist Elliot Isaacs in 2009 and acquired by UK private equity firm Inflexion in 2021. L’Oreal was founded in 1909 by chemist Eugene Schueller. L’Oréal Groupe – For 115 years, L’Oréal, the world’s leading beauty player, has devoted itself to one thing only: fulfilling the beauty aspirations of consumers around the world. Our purpose, to create the beauty that moves the world, defines our approach to beauty as essential, inclusive, ethical, generous and committed to social and environmental sustainability. With our broad portfolio of 37 international brands and ambitious sustainability commitments in our L’Oréal for the Future programme, we offer each and every person around the world the best in terms of quality, efficacy, safety, sincerity and responsibility, while celebrating beauty in its infinite plurality. With more than 90,000 committed employees, a balanced geographical footprint and sales across all distribution networks (e-commerce, mass market, department stores, pharmacies, perfumeries, hair salons, branded and travel retail), in 2024 the Group generated sales amounting to 43.48 billion euros. With 21 research centers across 13 countries around the world and a dedicated Research and Innovation team of over 4,000 scientists and 8,000 Digital talents, L’Oréal is focused on inventing the future of beauty and becoming a Beauty Tech powerhouse.
“ France $230 Billion Beauty & Comestic Giant L’Oreal Buys Majority Stake in UK Skincare Medik8 at $1 Billion Enterprise Value, Founded by Scientist Elliot Isaacs in 2009 & Acquired by UK Private Equity Firm Inflexion in 2021, L’Oreal Founded in 1909 by Chemist Eugene Schueller “
France $230 Billion Beauty & Comestic Giant L’Oreal Buys Majority Stake in UK Skincare Medik8 at $1 Billion Enterprise Value, Founded by Scientist Elliot Isaacs in 2009 & Acquired by UK Private Equity Firm Inflexion in 2021, L’Oreal Founded in 1909 by Chemist Eugene Schueller
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