Follow us: Luxe Packaging Insight – news & innovations on the luxury packaging market

L’Oréal in talks to acquire Mugler & Azzaro

Alissa Demorest

Related topics :

,
L’Oréal in talks to acquire Mugler & Azzaro

Thierry Mugler and Azzaro are soon to join L'Oréal’s portfolio. The Clarins group, owner of the two fragrance brands, is in exclusive negotiations with the French beauty giant for the deal that is expected to close in the second half of 2019.

"The perfume category is at the heart of our global strategy for growth at L'Oréal Luxe," remarked Cyril Chapuy, the division’s general manager. "In this context, we would be thrilled to welcome Mugler and Azzaro: these signatures with a long history in fashion and olfaction, would perfectly complement our portfolio of brands."    

Editor's picks

Guala Closures snaps up Labrenta reinforcing luxury offer

Guala Closures snaps up Labrenta reinforcing luxury offer

Guala Closures announced its purchase of fellow Italian supplier Labrenta last week. For Guala, the transaction is “an important step towards becoming a world leader in the luxury segment”. Consolidation in the luxury packaging[…]

07/13/2022 | M&ACorporate strategy
“The potential for acquisitions is huge in today’s fragmented packaging market”

Interview

“The potential for acquisitions is huge in today’s fragmented packaging market”

Carlyle acquires HCP Packaging

Labrenta acquires Portuguese cork supplier Anacorks

Labrenta acquires Portuguese cork supplier Anacorks

More articles