Matrix Buy Doubles L'Oreal U.S. Professional Hair Care Business To $500 Mil.
This article was originally published in The Rose Sheet
Executive Summary
L'Oreal's acquisition of Bristol-Myers Squibb's Matrix Essentials $342 mil. salon hair care brand will more than double its U.S. professional sales to approximately $500 mil. under an agreement announced April 18. The deal is expected to close in the second quarter.
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