Terms of the deal to take over 100 percent of the firm, announced Monday, were not disclosed.
Columbia Beauty Supply, based in
The acquisition of Columbia Beauty Supply, which becomes part of L’Oréal’s Professional Products Division, follows the French beauty giant snapping up Maly’s in July 2007 and Beauty Alliance in April 2007. Columbia Beauty Supply will be managed by Beauty Alliance.
“This acquisition demonstrates L’Oréal’s determination to offer a better service to
For more, see Tuesday’s issue of WWD.