L'Oréal: acquires Skinbetter Science in US
(CercleFinance.com) - This morning L'Oréal announced that it has signed an agreement to acquire Skinbetter Science, a US skin care brand.
The brand "has since become one of the fastest growing medical-dispensed skincare brands in the United States. Skinbetter Science is known for formulating innovative products with active ingredients for anti-aging, moisturizing, cleansing, exfoliating, skin peeling and sun protection".
Skinbetter Science's sales reached over 95 million dollars for the 12 months to 31 July 2022.
“Skinbetter Science is a perfect complement to the Active Cosmetics Division's brand portfolio. It will contribute greatly to the L'Oréal Active Cosmetics Division's long-standing mission to pioneer health and beauty with advanced science-based skincare innovations".
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