News Releases
222 results
Acquisitions
Herzogenaurach / Germany and Clichy / France, 26 September 2014 – Sports company PUMA SE and leading beauty company L'Oréal have signed a license agreement for beauty products, becoming effective 1 January 2015. PUMA’s license contract with former personal care product licensee Procter & Gamble will terminate on 31 December 2014.
Acquisitions
L'Oréal announced today that it has signed an agreement to acquire NIELY COSMETICOS in Brazil. Founded in 1981 by Daniel Fonseca de Jesus, Niely Cosmeticos is the largest independent hair coloration and hair care company in Brazil, one of the world's largest hair color and hair care markets.
Share buyback programme
Buyback of 48,500,000 L’Oréal shares owned by Nestlé and disposal of L’Oréal’s holding in Galderma to Nestlé
L'Oréal announces that it has finalised today:
the acquisition of 48,500,000 L’Oréal shares (8% of its share capital) owned by Nestlé, and
the disposal of its 50% ownership in Galderma to Nestlé.
Acquisitions
Strategic Acquisition of one of the Fastest Growing Makeup Artistry Brands in the USA
Acquisitions
In line with the press release issued in February 2014, L'Oréal announces that it has finalised the acquisition of Decléor and Carita and completed the transfer of ownership today.
About L’Oréal
Annual General Meeting
Renewal of the tenure of Mr Jean-Paul Agon as Director and as Chairman and Chief Executive Officer
Renewal of the tenure as Director of Mr Xavier Fontanet
Appointment as Director of Mrs Belén Garijo
Approval of a dividend of €2.50, up by +8.7%
All the resolutions submitted to the Annual General Meeting were approved by a large majority
Sales
An encouraging and contrasted first quarter
Sales: 5.64 billion euros
+3.5% like-for-like
+2.8% at constant exchange rates
-2.2% based on reported figures
L’Oréal Luxe and Active Cosmetics continue their very good momentum
Professional Products Division accelerates
Consumer Products Division held back by North America
Acquisitions
Following the approval by the General Meeting of Magic Holdings International Limited shareholders, L’Oréal announces the transaction is now effective. This move marks L’Oréal’s biggest investment to-date in the Chinese beauty market and further strengthens the Group’s leadership position in the world’s third largest beauty market.
Other financial information
L'Oréal's Board of Directors, met on Monday, February 10th, 2014, to authorize the acquisition by L'Oréal from Nestlé of a block of 48,500,000 L'Oréal shares, representing 8% of its share capital.
Annual General Meeting
Information available concerning the Annual General Meeting to be held on Thursday, April 17, 2014 and the 2013 Registration Document.
ANNUAL GENERAL MEETING SET FOR APRIL 17, 2014:
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