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Deal include Société des Thermes de Saint-Gervais-les-Bains and licence for Saint-Gervais Mont-Blanc brand.
July 13, 2016
By: Christine Esposito
Editor-in-Chief
L'Oréal has submitted an offer to Rivadis Group for the acquisition of the Société des Thermes de Saint-Gervais-les-Bains and licence to use the Saint-Gervais Mont-Blanc brand. Based on this offer, the Rivadis Group has granted exclusive negotiation rights to L'Oréal. The Mont Blanc’s pure water is protected by a unique ecosystem. Naturally soothing and beneficial, its virtues have been recognized for over two centuries. The thermal spa of Saint-Gervais was created in 1807 and is today one of Europe's most important thermal spa resorts. Saint-Gervais Mont-Blanc products are formulated with 100% Mont-Blanc thermal spring water, natural extracts of Alpine plants and offer a range of products for the care and protection of the face and body. The acquisition should be completed in the next few months, after approval by the municipality of Saint-Gervais-les-Bains and consultation of Rivadis Group employees, according to L’Oréal.
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