L'OREAL has purchased personal care brand Aesop from its parent company Natura & Co for close to $US2.53b ($AUD3.7b) including debt.
Aesop has brought big growth to Natura & Co since its inception into the company in 2012, with gross sales increasing from $US28m ($AUD41m) to $US537m ($AUD791m) over 10 years.
Its number of stores globally also increased from 52 to 395, with it more recently opening up its first physical store in Mainland China last year.
The brand is known for being plant-based and cruelty-free.
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