Happi staff11.29.19
L’Oréal has made a strategic investment of L’Oréal in Canadian company Functionalab Group, an aesthetic medicine clinic in Canada that touts Dermapure and Project Skin MD skin care brands.
With a network of 15 medical aesthetic clinics in Canada, Functionalab Group offers a complete range of non-invasive rejuvenating treatments such as laser, injections, cryolipolysis, wrinkle and skin tightening treatments with ultrasound or radiofrequency.
With this partnership, L’Oréal said it is reinforcing its position in the professional skin care market where the group is already present with the brand SkinCeuticals, whose distribution will be extended to all Dermapure clinics.
“Aesthetic procedures are increasingly integrated into the consumer’s beauty routines. With this investment, we will be able to better understand their expectations in regard to procedures, aesthetic gestures and offer them tailor- made beauty routines. This is also a great opportunity for the SkinCeuticals brand to establish a strong partnership with a Canadian leader of aesthetic medicine clinics,” said Brigitte Liberman, president Active Cosmetics Division, L’Oréal.
Functionalab Group remains under the control and leadership of its current management team based in Montreal, according to the companies.
With a network of 15 medical aesthetic clinics in Canada, Functionalab Group offers a complete range of non-invasive rejuvenating treatments such as laser, injections, cryolipolysis, wrinkle and skin tightening treatments with ultrasound or radiofrequency.
With this partnership, L’Oréal said it is reinforcing its position in the professional skin care market where the group is already present with the brand SkinCeuticals, whose distribution will be extended to all Dermapure clinics.
“Aesthetic procedures are increasingly integrated into the consumer’s beauty routines. With this investment, we will be able to better understand their expectations in regard to procedures, aesthetic gestures and offer them tailor- made beauty routines. This is also a great opportunity for the SkinCeuticals brand to establish a strong partnership with a Canadian leader of aesthetic medicine clinics,” said Brigitte Liberman, president Active Cosmetics Division, L’Oréal.
Functionalab Group remains under the control and leadership of its current management team based in Montreal, according to the companies.
