Wednesday, July 11, 2007

L'Oreal USA buys Maly's West for undisclosed sum

(Reuters) - It said Maly's had facilities in the western states and sold to 30,000 salons. The acquisition follows that of Beauty Alliance, acquired by L'Oreal USA last April.



Maly's West achieved sales of $187 million in 2006. L'Oreal expects the acquisition of Maly's West would be add to earnings per share as of 2008.


Read more at Reuters.com Mergers News

No comments: