{"id":14941,"date":"2023-04-05T07:01:04","date_gmt":"2023-04-05T05:01:04","guid":{"rendered":"https:\/\/xd3kj9bvqee.preview.infomaniak.website\/?p=14941"},"modified":"2023-04-05T07:24:49","modified_gmt":"2023-04-05T05:24:49","slug":"loreal-offers-aesop-for-23-mds-e","status":"publish","type":"post","link":"https:\/\/www.industries-cosmetiques.fr\/en\/loreal-offers-aesop-for-23-mds-e\/","title":{"rendered":"L'Or\u00e9al acquires Aesop for \u20ac2.3 billion"},"content":{"rendered":"

L'Or\u00e9al announced that it has signed an agreement with Natura &Co to acquire A\u0113sop, the Australian luxury cosmetics brand. The deal values A\u0113sop at $2.525 billion (almost \u20ac2.3 billion) in enterprise value. This is a record acquisition for the French group, which has big ambitions and promises the brand the means to grow.<\/p>\n\n\n\n

Founded in 1987, A\u0113sop is globally recognized for its skin, hair and body products. With its amber packaging, sustainable vegan formulas, natural ingredients, and personalized customer service, A\u0113sop has become a global brand available in high-end boutiques, beauty spaces, and luxury hotels around the world.<\/p>

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A\u0113sop is distributed in approximately 400 exclusive outlets in the Americas, Europe, Australia, New Zealand and Asia, with a nascent presence in China where the first store opened in 2022.<\/p>\n\n\n\n

The brand had sales of $537 million in 2022 (\u20ac490 million).<\/p>\n\n\n\n

Nicolas Hieronimus, CEO of L'Or\u00e9al groupe, said: \"I am very pleased to welcome A\u0113sop and its teams to the L'Or\u00e9al Group. A\u0113sop embodies avant-garde beauty: not only are its products made with the utmost care and exceptional attention to detail; they are also a superb combination of urban modernity, hedonism and recognized luxury. A\u0113sop is taking advantage of all of today's ascendant consumer trends, and L'Or\u00e9al will help accelerate its enormous growth potential, particularly in China and in travel retail.\"<\/em><\/p>\n\n\n\n

Commenting on the acquisition, Cyril Chapuy, President of L'Or\u00e9al Luxe,<\/strong> added: \"My team and I are thrilled that A\u0113sop is joining L'Or\u00e9al Luxe's portfolio of iconic global brands. A\u0113sop holds a unique position in the global luxury beauty market thanks to a vision rooted in design, the high efficacy and sensoriality of its products and its customer-focused retail philosophy. We look forward to welcoming Michael O'Keeffe, A\u0113sop's Chief Executive Officer, and his experienced and passionate teams to continue to develop the brand's remarkable potential together, cultivating its unique character and values. We are confident that A\u0113sop will join the Division's club of billionaire brands, making a significant contribution to L'Or\u00e9al Luxe's growth in the years to come.\"<\/em><\/p>\n\n\n\n

F\u00e1bio Barbosa, general manager of Natura &Co, said:\"The sale of A\u0113sop marks the beginning of a new development cycle for Natura &Co. With a strengthened financial structure, a clean balance sheet, and strict financial discipline, Natura &Co will be able to focus more on its strategic priorities, including its investment plan in Latin America. We will also be able to continue to focus on strengthening The Body Shop (sold by L'Or\u00e9al) and refocusing the Avon International footprint. We are proud of A\u0113sop's remarkable success and are extremely grateful to all the A\u0113sop teams who have contributed immensely not only to the success of the brand, but also to making Natura &Co what it is today. We are confident that A\u0113sop's growth will continue under the L'Or\u00e9al umbrella and we wish A\u0113sop every success in this new chapter for the future.\"<\/em><\/p>\n\n\n\n

This acquisition is subject to certain customary regulatory approvals and other customary closing conditions.<\/p>","protected":false},"excerpt":{"rendered":"

L\u2019Or\u00e9al annonce la signature d\u2019un accord avec Natura &Co pour l\u2019acquisition d\u2019A\u0113sop, la marque australienne de cosm\u00e9tiques de luxe. Le projet valorise A\u0113sop \u00e0 2,525 milliards de dollars (presque 2,3 milliards d’euros) en valeur d\u2019entreprise. C’est une acquisition record pour le groupe fran\u00e7ais qui nourrit de grandes ambitions et promet \u00e0 la marque les moyens de […]<\/p>\n","protected":false},"author":1,"featured_media":14942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"external_url":"","footnotes":""},"categories":[52,51],"tags":[61],"class_list":{"0":"post-14941","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-formulation","8":"category-ingredients","9":"tag-info-marche"},"acf":{"nom_url":"Site internet","lien_url":"https:\/\/www.aesop.com\/fr\/fr\/","nc":"Noelle.camilleri@loreal.com","nc2":"","nc3":"","nc4":"","nc5":""},"_links":{"self":[{"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/posts\/14941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/comments?post=14941"}],"version-history":[{"count":0,"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/posts\/14941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/media\/14942"}],"wp:attachment":[{"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/media?parent=14941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/categories?post=14941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.industries-cosmetiques.fr\/en\/wp-json\/wp\/v2\/tags?post=14941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}