gci

L'Oréal Set to Acquire Société des Thermes de Saint-Gervais-les-Bains and Saint-Gervais Mont-Blanc License

Contact Author
Close
Fill out my online form.

The healing waters of Mont Blanc are fueling this latest acquisition.

L'Oréal has submitted an offer to Rivadis Group for the acquisition of the Société des Thermes de Saint-Gervais-les-Bains and license to use the Saint-Gervais Mont-Blanc brand.The companies have now entered into exclusive negotiations. The acquisition should be completed in the next few months, according to L'Oréal.

Saint-Gervais Mont-Blanc products, including face and body care, are formulated with 100% Mont-Blanc thermal spring water and natural extracts.

 

L'Oréal's interest lies in Mont Blanc’s "pure water," which reportedly has soothing and otherwise therapeutic properties. The thermal spa of Saint-Gervais was created in 1807 and is now one of Europe's most popular thermal spa resorts.

Related Content