GROUP NEWS & HIGHLIGHTS
STRATEGIC ACQUISITIONS AND INVESTMENTS
KERING/HOUSE OF CREED
Kering and L’Oréal announced that they are entering a long-term, strategic partnership in luxury beauty and wellness, which includes the acquisition of the House of Creed by L’Oréal, the beauty and fragrance licenses of iconic Houses of Kering (Balenciaga, Bottega Veneta and Gucci) and an exclusive venture to explore business opportunities in the field of wellness and longevity.
COLOR WOW
L’Oréal completed the acquisition of Color Wow, which offers premium haircare at accessible price points. Based in the UK and US, it has a global following of stylists and consumers alike and joins the Group’s Professional Products Division.
MEDIK8
L’Oréal acquired a majority stake in Medik8, a British dermatological skincare brand that delivers clinically proven results without the need for a prescription. Medik8 will join the L’Oréal Luxe division, expanding the division’s luxury skincare offerings.
INVESTMENT: GALDERMA
Reaffirming its ambitions to participate in the fast-growing aesthetics market, in December, L’Oréal acquired an additional 10% in Galderma Group AG from a consortium led by EQT. The transaction brings L’Oréal ownership of Galderma’s share capital to 20%. In connection with the increased investment, the board of Directors of Galderma will consider nominating two non-independent board candidates from L’Oréal, replacing the consortium led by EQT, as from the 2026 Annual General Meeting.