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Colgate Announces Agreement to Acquire Laboratoires Filorga Cosmétiques Skin Care Business

Business Wire Thursday, 11 July 2019 ()
Colgate Announces Agreement to Acquire Laboratoires Filorga Cosmétiques Skin Care BusinessNEW YORK--(BUSINESS WIRE)--As part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, and expanding its portfolio in premium skin care, Colgate-Palmolive Company (NYSE:CL) today announced that it has agreed to acquire the Laboratoires Filorga Cosmétiques (Filorga) Skin Care Business for an equity purchase price of €1,495.5 million (approximately US$1,690 million). Filorga is a premium anti-aging skin care brand focused primarily on facial care.
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