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Reuters API
Reuters API
Published
Feb 4, 2020
Feb 4, 2020
France's L'Oreal to sell Roger & Gallet brand to Impala
By
Reuters API
Reuters API
Published
Feb 4, 2020
Feb 4, 2020
French cosmetics group L'Oreal said it had entered exclusive talks with the French investment holding Impala for the sale of its Roger & Gallet perfume and soap brand.
Financial terms were not disclosed.
Founded in 1862 in Paris and part of L’Oreal since the acquisition of Yves Saint Laurent Beauté in 2008, Roger & Gallet's fragrance-based products range from perfumes to toiletries to skincare.
In 2018, the brand generated 52 million euros (43.7 million pounds)of sales.
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