L'Oréal USA, a subsidiary of L'Oréal, has acquired, through its SalonCentric division, Maly's Midwest and Marshall Salon Services.
Maly's Midwest and Marshall Salon Services supply over 40,000 hair salons across 8 states in the Middle West with a network of 120 representatives and 90 stores, open only to professionals; they together represent sales of about $130m in 2009.
With these two acquisitions, the SalonCentric division of L'Oréal USA is extending its network, which now covers 80% of the territory of the United States, demonstrating its constant determination to offer a better service to U.S. hair salons.
These two acquisitions are consolidated as of December 31st, 2009.
Contacts at L'Oréal
Individual shareholders and market authorities
Mr Jean Régis CAROF
Tel. : +33 1 47 56 83 02
jcarof@dgaf.loreal.com
Financial analysts and institutional investors
Mrs Caroline MILLOT
Tel. : +33 1 47 56 86 82
cmillot@dgaf.loreal.com
Journalists
Mr Mike RUMSBY
Tel. : +33 1 47 56 76 71
mrumsby@dgc.loreal.com
Switchboard
Tél: +33 1 47 56 70 00
For more information, please contact your bank, broker or financial institution (I.S.I.N. code: FR0000120321), and consult your usual newspapers, and the Internet site for shareholders and investors, http://www.loreal-finance.com, or its mobile version on your cell phone, http://loreal-finance.mobi; alternatively, call +33 1 40 14 80 50.