Who owns KERING BEAUTÉ?

KERING BEAUTÉ has been 100% owned by L'ORÉAL since March 2026.

When was KERING BEAUTÉ acquired by L'ORÉAL?

KERING BEAUTÉ was acquired by L'ORÉAL in 2026.

What was the revenue of KERING BEAUTÉ at the time of the deal?

The revenue of KERING BEAUTÉ at the time of the deal is estimated to be in the range of 250M - 500M EUR.

How is the data for the KERING BEAUTÉ acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the KERING BEAUTÉ deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.loreal-finance.com/fr/communique-de-presse/loreal-finalise-lacquisition-de-kering-beaute-dans-le-cadre-de-son-alliance

What is the average EV/EBITDA multiple for the Retail & Consumer sector in 2026?

The average EV/EBITDA multiple for the Retail & Consumer sector in 2026 is 11.2x.

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Home Database Retail & ConsumerKERING BEAUTÉ

03/2026

KERING BEAUTÉ acquired by L'ORÉAL

FRANCE Consumer Products / Personal & Household / Hygiene & Beauty Brands REV 250M - 500M EUR

Context

L’Oréal has finalized the cross-border acquisition of Kering Beauté from the luxury group Kering, executing an alliance initiated in October 2025. The transaction encompasses the outright acquisition of Maison Creed, a historic luxury fragrance house. Concurrently, the deal architecture secures exclusive 50-year commercial operating licenses for the creation, development, and global distribution of beauty and fragrance portfolios for both the Bottega Veneta and Balenciaga brands. The agreement also establishes structured forward-looking rights for a 50-year exclusive beauty licence covering the flagship Gucci brand, which will trigger automatically following the expiration of its legacy contract with Coty. Parallel to these brand integrations, L’Oréal and Kering are establishing a dedicated joint venture to co-develop new opportunities in the longevity and wellness sectors.

KERING BEAUTÉ, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (11.2x).

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Target

Kering Beauté operates as the specialized luxury beauty and fragrance division of the French global luxury group Kering. Established to fully internalize and structurally develop the cosmetics and perfume categories for the group's iconic fashion houses, the company’s business model centers on creating, developing, and commercially deploying high-end olfactory and cosmetic portfolios. Its operational architecture focuses on preserving the distinct creative identities and extreme prestige positioning of its internal brand ecosystem, which includes global luxury powerhouses such as Bottega Veneta, Balenciaga, and Alexander McQueen.

Ent. Value

Equity Value

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EV / Revenue

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EV / EBIT

Historical Financials (EUR)

Year

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2025

2024

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REFERENCES

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of KERING BEAUTÉ by L'ORÉAL are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: l'oréal