The Commission for the Protection of Competition of the Republic of Cyprus clears acquisitions in the luxury cosmetic product market (FIPAL, Carita International / L’Oreal)

On 20/02/2014, the Commission for the Protection of Competition of the Republic of Cyprus (hereinafter referred to as the «Commission») received a notification of a proposed concentration on behalf of L’Oreal S.A. (hereinafter referred to as «L’Oreal»), in accordance with section 13 of the Control of Concentrations between Undertakings Law (Number 22(I)/99) (hereinafter referred to as the «Law»). The concentration is based on an agreement concerning the acquisition by L’Oreal of 100% of the share capital of FIPAL S.A.S. (hereinafter referred to as «Fipal») and 100% of the share capital of Carita International S.A. (hereinafter referred to as «Carita»). L’Oreal is a company duly registered in accordance with French law. L’Oreal operates worldwide with its subsidiary and affiliate companies in the

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Evyenia Epaminondou, The Commission for the Protection of Competition of the Republic of Cyprus clears acquisitions in the luxury cosmetic product market (FIPAL, Carita International / L’Oreal), 15 April 2014, e-Competitions Bulletin April 2014, Art. N° 74686

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