In Brief: Unisa
This article was originally published in The Rose Sheet
Executive Summary
Unisa: L'Oreal acquiring Chile-based, mass-market cosmetics company from Gillette, L'Oreal S.A. announced Oct. 17. With the purchase, L'Oreal adds Princeton color cosmetics and Rayfilter sun care brands to its portfolio. The Unisa buy expands L'Oreal's Chilean business by about one-third; L'Oreal 1995 sales in the country totaled approximately $50 mil., while Unisa revenues in the same period were approximately $17 mil., L'Oreal reported. L'Oreal affiliate Procobel handles manufacturing and distribution for the company in Chile...