The Service of the Commission for the Protection of Competition received, according to Section 13 of the Control of Concentrations between Enterprises Law (Number 22(I)/99), a notification of a proposed concentration on behalf of L’Oreal S.A. concerning the acquisition of the share capital of FIPAL S.A.S. and Carita International S.A. and part of the business operations of Shiseido Co. Ltd in certain countries.
L’Oreal S.A. is a company duly registered in accordance with the laws of France. The company operates worldwide, indirectly and directly, in the cosmetics and beauty sectors. In particular, the company operates in research, development, production, marketing and distribution of a wide range of cosmetics which are sold through various channels of distribution in the mass retail market, hair salons and a single-brand store network.
FIPAL S.A.S. is a company duly registered in accordance with the laws of France and is the parent company of the group of companies that develops, manufactures, distributes and sells the Decleor branded products. In particular, the group manufactures skin care products and offers a wide range of luxury products for aromatherapy and phytotherapy, natural skin care products, beauty treatments and cosmetics based on essences and herbal extracts. Decleor products are principally intended for use by professionals in beauty salons, hair salons and spa, while they are also sold by perfume stores and some department stores on a selective basis.
Carita International S.A. is a company duly registered in accordance with the laws of France and manufactures professional products for skincare, body and hair care, beauty treatments and women’s perfumes. Carita products are principally intended for use by professionals in beauty salons, hair salons and spa, while they are also sold by perfume stores and some department stores on a selective basis.