07.26.17
Following speculation on the future of The Body Shop, L’Oréal received a firm offer from Natura Cosméticos SA for its acquisition. The proposed transaction values The Body Shop at an enterprise value of 1.0 billion euros.
Acquired by L’Oréal in 2006, The Body Shop is a British iconic brand, focusing on nature-inspired products. Founded in 1976 by Anita Roddick in Brighton, England, The Body Shop has expanded into a global leader in ethical and natural beauty, with the deep-rooted belief that business can be a force for good. It is now present in more than 60 countries around the world, through various distribution channels including more than 3,000 points of sale and e-commerce. In 2016, it generated retail sales of around 1.5 billion euros and net sales of 921 million euros.
The proposed transaction is expected to close later this year.
Acquired by L’Oréal in 2006, The Body Shop is a British iconic brand, focusing on nature-inspired products. Founded in 1976 by Anita Roddick in Brighton, England, The Body Shop has expanded into a global leader in ethical and natural beauty, with the deep-rooted belief that business can be a force for good. It is now present in more than 60 countries around the world, through various distribution channels including more than 3,000 points of sale and e-commerce. In 2016, it generated retail sales of around 1.5 billion euros and net sales of 921 million euros.
The proposed transaction is expected to close later this year.
