Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue November 2014
 •  President Signs Sunscreen Innovation Act  •  Rob Lowe, The Formulator  •  Body Shop Donating To War Child  •  L’Oréal To Honor Social Responsibility in Dermatology  •  Clariant Reaches ISO22716 and EFfci GMP Milestone
Print

L'Oréal Deal for Magic Holdings Moves Ahead



Published January 14, 2014
Related Searches: brand color spa china
Post a comment
The Ministry of Commerce of the People’s Republic of China (MOFCOM) has given the green light to the proposed acquisition of Magic Holdings by L’Oréal.
 
L’Oréal and Magic expect the transaction to close during the second quarter of 2014.
 
A specialist in cosmetics facial masks, Magic Holding's turnover in fiscal year 2012-2013 was approximately 160 million euros. Magic’s MG brand is one of China’s leading brands in the mask category.


blog comments powered by Disqus