Colgate to acquire Laboratoires Filorga for €1.5bn

The deal is expected to close during the third quarter of 2019

US-based Colgate-Palmolive is to acquire French skincare company Laboratoires Filorga for €1.496bn ($1.69bn), in a bid to expand its premium skincare portfolio and focus on its high-margin personal-care business. 

Colagate is to acquire the company from owners HLD Group and...

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