Natura Cosmeticos completes The Body Shop acquisition

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Sep 2017
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Natura Cosmeticos completes The Body Shop acquisition
Natura Cosmeticos completes The Body Shop acquisition


The Body Shop's surprise buyer Natura Cosmeticos has now completed its acquisition of the health and beauty retailer. Its previous owner L'Oreal sold the British high street retailer in a deal thought to be worth £880 million. Natura Cosmeticos is Brazil's largest cosmetics company and will now add The Body Shop's global estate to its already significant operations. "This alliance creates a combination of companies that share a common purpose that goes way beyond usual businesses. A new force for good is taking shape." co-chairman of Natura Cosmeticos Guilherme Leal said.