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L’Oréal purchases Decléor and Carita from Shiseido

27 May 2014 – The French cosmetics group L'Oréal S.A., Paris, acquired Decléor and Carita from Japanese manufacturer Shiseido Co., Ltd.

Decléor and Carita are two of the world's leading trademarks for professional skin and hair care in beauty parlours. In 2012, the turnover generated for both trademarks amounted to approx. EUR 100 million. L'Oréal is the world's biggest cosmetics group who generated an annual turnover of approx. EUR 23 billion in 2013 and employs around 77'400 people. Shiseido was founded in 1872 and is a player in the luxury cosmetics sector as well as the broader area of body and hair care.

Walder Wyss AG advised L'Oréal on the Swiss law aspects of the acquisition. The team included Luc Defferrard (Partner, Corporate/M&A), Hubertus Hillerström (Managing Associate, Corporate/M&A), Alexander Nikitine (Managing Associate, Capital Markets, Corporate/M&A) and Christoph Stutz (Associate, Employment).

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