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L’Oréal Paris expands its portfolio with the acquisition of the Japanese brand Takami

L’Oréal Paris expands its portfolio with the acquisition of the Japanese brand Takami

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This Wednesday, December 23rd, the famous French cosmetics group L’Oréal, announced the signature of an agreement with the Japanese company Takami Co in order to acquire the latter.

 

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The French global cosmetics giant already owns 36 international brands, such as Lancôme, Giorgio Armani and Cacharel, and 88,000 employees worldwide. Its turnover in 2019 was 29.87 billion euros. This means that this future acquisition can only be promising in view of Takami Co.’s turnover of 50 million last year. The acquisition will take place in the coming weeks but no amount has been disclosed.

 

The Takami brand, very present in Japan as well as in Asian countries such as China, was created in 1999 and is specialised in premium skin care. The products are created by Dr. Hiroshi Takami, developed and marketed under licence by the Japanese company Takami Co.

 

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Featured photo: © Takami Skin Peel Pre-Serum

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