L’Oréal to Acquire Majority Stake in Indian Skincare Company Innovist
French beauty retailer L'Oréal has agreed to acquire a majority stake in India-based skincare company Innovist. The deal is expected to close within the next few months and will integrate Innovist's brands into L'Oréal’s consumer products division, leveraging its global expertise alongside local market insights.
Topics: acquisition India expansion Innovist L'Oréal