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L’Oréal acquires skinBetter Science

Date posted on DIARY directory: Monday 26th September 2022

L’Oréal acquires skinBetter Science

L’Oréal has acquired skinBetter Science, a physician-dispensed American skincare brand backed by cutting-edge, dermatological science, combining patented efficacious ingredients with luxurious sensorial textures. skinBetter Science was co-founded in 2016 by pharmaceutical industry professionals, Jonah Shacknai, Justin Smith and Seth Rodner, and has since become a fast-growing medical-dispensed skincare brand in the United States. skinBetter Science is known for formulating innovative products with active ingredients for anti-aging, moisturizing, cleansing, exfoliating, skin peeling and sun protection. The brand is strongly supported by deep knowledge of skin and chemistry with clinical trials led by board-certified dermatologists. Headquartered in Arizona, the brand’s leadership team will continue to run the business following the acquisition and will be integrated under the leadership of Christina Fair, President of the Active Cosmetics Division within L’Oréal USA. The closing is expected to occur in early Q4 2022, subject to the standard regulatory approvals and other customary conditions.

Commenting on the acquisition, Myriam Cohen-Welgryn, Worldwide President of L’Oréal’s Active Cosmetics Division, said, “skinBetter Science is a perfect complement to the Active Cosmetics Division’s brand portfolio. It will contribute greatly to the L’Oréal Active Cosmetics Division’s long-standing mission to pioneer health and beauty with advanced science-based skincare innovations. I am confident this high-growth US brand has great international potential.”

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