French cosmetics maker L’Oreal has signed an agreement to buy Japanese skincare company Takami, it said on Wednesday.
A L’Oreal statement said the acquisition should be completed in the next few weeks.
The Takami brand had about 50 million euros ($60.95 million) in revenue in 2019, L’Oreal added.
($1 = 0.8203 euros)
Main Photo: The L’Oreal sign in Paris, Paris, France. EPA-EFE/YOAN VALAT