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L'Oreal signs agreement to acquire NYX Cosmetics

Wednesday, 18 Jun 2014 11:45am EDT 

L'Oreal SA:Signs definitive agreement to acquire NYX Cosmetics, based in Los Angeles.NYX FY 2013 net sales of $72 mln.NYX offers catalog of products including everyday basics, on-trend shades and special occasion makeup, among others.NYX Cosmetics is to continue operating out of Los Angeles headquarters under its current leadership team.Brand to become part of Consumer Products Division of L'Oreal.Closing is subject to usual regulatory approvals and other customary conditions. 

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4.05 +2.33%
11:35am EDT