Sunday, 22 September 2013
Deal Alert: L'Oreal acquires skin care products maker Cheryl’s Cosmeceuticals
Posted on 20:55 by Unknown
Paris, France-based cosmetics and beauty products maker L'Oreal has acquired Mumbai-based Cheryl's Cosmeceuticals, marking L’Oreal’s first acquisition in the Indian market. Cheryl's Cosmeceuticals, founded in 1986 by Oscar and Cheryl Pereira, has a distribution network spanning over 10,000 salons in India and a turnover of approximately Rs 20 crore.
The acquisition will broaden L'Oreal’s
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