Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue March 2015
 •  Pravana To Host National Cut-A-Thon  •  Lonza Promotes Cataldo In Personal Care  •  Hair Lightening System Now at Target  •  Better Skin, Better Sleep  •  J&J's New Approach to Beauty
Print

L’Oréal Gets Green Light On Magic Holdings



Published February 7, 2014
Related Searches: china facial cosmetics brand
Post a comment
CHINA: 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.

A specialist in cosmetics facial masks, Magic’s turnover in fiscal year 2012-2013 was approximately €160 million. Magic’s MG brand is one of China’s leading brands in this category.


blog comments powered by Disqus