Add-on Acquisition • Consumer Products

L Oreal Acquires Kiehl s Since 1851

On April 18, 2000, L Oreal acquired consumer products company Kiehl s Since 1851

Acquisition Context
  • This is L Oreal’s 4th transaction in the Consumer Products sector.
  • This is L Oreal’s 3rd transaction in the United States.
  • This is L Oreal’s 2nd transaction in New York.

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M&A Deal Summary

Date April 18, 2000
Target Kiehl s Since 1851
Sector Consumer Products
Buyer(s) L Oreal
Deal Type Add-on Acquisition

Target Company

Kiehl s Since 1851

New York, New York, United States
Kiehl's Since 1851, Inc. manufactures skin body and hair care products.
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Buyer Overview 1

Buyer

L Oreal

Clichy, France

Category Company
Founded 1909
Sector Consumer Products
Employees90,000
Revenue 43.5B EUR (2024)
DESCRIPTION

L'Oréal is a global cosmetics company. With a portfolio of dozens of international, diverse, and complementary brands, L’Oréal is present across all distribution networks: mass market, department stores, pharmacies and drugstores, travel retail, and branded retail. L'Oreal was founded in 1909 and is based in Clichy, France.


Deal Context for Buyer #
Overall 4 of 35
Sector: Consumer Products 4 of 27
Type: Add-on Acquisition 3 of 24
State: New York 2 of 4
Country: United States 3 of 18
Year: 2000 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-18 Matrix Essentials

Cleveland, Ohio, United States

Matrix Essentials, Inc. is a manufacturer of haircare products for the professional salon industry in North America.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-21 Mininurse

Shenzhen, China

Buy -