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M&A in Beauty: A Strong Start to 2021 Following a Soft 2020, with Momentum Set To Continue

What's Inside

Beauty M&A (mergers and acquisitions) activity saw softness last year due to the impacts of the Covid-19 pandemic. We present data on the recent performance of the market, by quarter.

We discuss three notable deals that have kickstarted the global market this year, involving the following companies:

  • Estée Lauder and Canada-based Deciem
  • L’Oréal and Japanese company Takami
  • Chinese beauty companies Yatsen and Eve Lom

We also summarize the major global deals that closed in 2020 and year-to-date 2021.

Contents

What’s the Story?

Why It Matters

M&A in Beauty: In Detail

Fewer Deals in 2020

A Strong Start to 2021: Notable Global Deals

Beauty M&A Activity in 2020 and 2021 YTD

What We Think

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