Aesop acquired by L’Oréal
L’Oréal acquired Aesop, an Australian beauty / skincare brand, on Aug 30, 2023.
Transaction summary
- Target
- Aesop
- Acquirer
- L’Oréal Investor profile →
- Seller
- Natura &Co
- Announced
- 2023-04-03
- Geography
- Australia
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-06-13
- Latest update
- 2026-10-21
Parties at the deal date
Acquirer
Current investor profile →L'Oréal BOLD (Business Opportunities for L'Oréal Development) is L'Oréal's corporate venture capital fund, investing in startups across the beauty value chain including beauty brands, platforms, technology, and science for beauty.
Snapshot preserved for this transaction; current company profiles may differ.
Value and multiples
100% enterprise value
EUR 2.2B
100% enterprise value | EUR
Basis: Estimated
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
Approx. $2.5B USD using FX date not stated.
EV / revenue
4.4x
Period not stated
Basis: FundComb estimate
EV / EBITDA
24.7x
EBITDA basis not stated
Basis: FundComb estimate
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Consideration: EUR 2.2B
Primary L’Oréal completion release verifies the acquisition and references terms announced on 2023-04-03 but does not state value in fetched text. Google News RSS title from CNN states a '$2.5 billion deal'; pasted spreadsheet supplies EUR 2.159bn valuation.
Basis
- L’Oréal’s completion release (30 August 2023) confirms the acquisition; CNN reported a USD 2.5bn deal. FundComb’s comps spreadsheet gives EUR 2,159m, with revenue of EUR 491m and EBITDA of EUR 87m: 4.4x revenue and 24.7x EBITDA (EUR 2,159m / EUR 87m is 24.8x). The period is not stated, and the spreadsheet attributes these figures to Rothschild. They are FundComb estimates, not confirmed by a public source.
Other reviewed estimates
Earlier estimates and their sources.
Source summary
L’Oréal completes acquisition of AESOP
ConfirmedL’Oréal announced on 30 August 2023 that it completed the acquisition of luxury beauty brand Aesop in accordance with terms announced on 3 April 2023.
Open sourceL'Oréal Completes Aesop Acquisition
EstimatedArticle states L’Oréal completed the Aesop acquisition, previously announced at an enterprise value of USD 2.525bn, and reports Aesop 2022 sales of USD 537m.
Open sourceContinue your research
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