Kering Beauté acquired by L'Oréal S.A.
L'Oréal S.A. acquired Kering Beauté, a France & United Kingdom apparel brand, on Mar 31, 2026.
The EV/revenue is outside the usual range for comps, so treat it with caution.
Transaction summary
- Target
- Kering Beauté
- Acquirer
- L'Oréal S.A.
- Seller
- Kering S.A.
- Announced
- 2025-10-19
- Geography
- France & United Kingdom
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 100%
- First added
- 2026-10-31
- Latest update
- 2026-10-31
Value and multiples
100% enterprise value
EUR 4.0B
100% enterprise value | EUR
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
Approx. $4.7B USD using FX date 2025-10-17 at 1.1681 EUR/USD.
EV / revenue
12.4x
Outside usual range
Period: FY2024
Basis: Public source
EV / EBITDA
-
EBITDA basis not stated
Basis: Public source
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Consideration: EUR 4.0B
Reported value: €4bn.
Basis
- Reported value: €4bn. Multiples use revenue of €323m (FY2024).
Source summary
Kering sale of beauty division to L'Oréal (Fortune)
ConfirmedThe deal is valued at €4 billion ($4.7 billion), according to the statement.
Open sourceContinue your research
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