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PesquisAdC
CCENT/2010/16
Case details
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Merger control
Case reference
CCENT/2010/16 - L´Oréal / Essie Cosmetics
Acquired
Essie Cosmetics Ltd
Description
assets owned and used by Essie Cosmetics in its business activity of developing, marketing and selling nail varnishes, treatments and accessories, hand and body care products, and other cosmetic products.
Acquiring
L Oreal, SA
Description
A French-registered enterprise, the parent company of the group of the same name, which is active worldwide in the research for and development, production and marketing of cosmetic products of different brands. The group operates in Portugal via the company L´Oréal Portugal Unipessoal.
Sector
Extractive and manufacturing Industries
Activity (NACE)
C2042 - Manufacture of perfumes and toilet preparations
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 29 April 2010, the present merger operation consists of the acquisition, by L´Oréal SA (L´Oréal), of exclusive control of assets owned by Essie Cosmetics Ltd (Essie Cosmetics Assets).
Timeline
2010-06-04
Competition Authority Council adopts a ruling of non-opposition to Merger 16/2010 - L´Oréal / Essie Cosmetics
2010-05-06
Publication of the announcement - L´Oréal SA (L´Oréal) notifies acquisition of exclusive control of assets owned by Essie Cosmetics Ltd (Essie Cosmetics Assets).
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