GALDERMA TO BE ROLLED INTO NEW NESTLÉ SKINCARE BUSINESS AS BRUSSELS CLEARS L’ORÉAL SHARE SALE
May 10th, 2014
Switzerland-based Nestlé is to further develop its personal care products following its planned acquisition of sole ownership over Galderma, its joint venture with L'Oréal. The European Commission cleared Nestlé to acquire sole control of Galderma on May 5. Galderma manufactures, markets and sells products including shampoos, soaps, bath, shower and skin care lines, noted a Commission statement. The group consists of Galderma Pharma (Switzerland) and Galderma International (France).The Commission said in its decision that it approved Nestlé's move without ...
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