M&A· 31 March 2026
● M&AL'Oréal completes €4 billion acquisition of Kering Beauté
Announced October 2025 and finalized 31 March 2026. Includes the House of Creed luxury fragrance brand and 50-year exclusive licenses for Gucci, Bottega Veneta, and Balenciaga beauty and fragrance — consolidating L'Oréal's position as the global leader in luxury beauty.
Source
Industry press
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Sources
- 01L'Oréal finalises 'significant' €4 billion acquisition of Kering Beauté
- 02L'Oréal completes EUR 4 billion acquisition of Kering's beauty arm
- 03L'Oréal completes €4 billion acquisition of Kering's beauty division
- 04Kering and L'Oréal complete their strategic alliance