PARIS — L’Oréal is increase its microbiome research know-how with the acquisition of Lactobio, a Danish probiotic and microbiome research company.
Financial terms of the deal weren't disclosed.
“The strategic acquisition builds on 20 years of research by L’Oréal into the microbiome scientific territory, deepening its knowledge of the microorganisms that continue to exist the skin’s surface and reinforcing the group’s leadership on this field,” L’Oréal said in an announcement Monday. “This acquisition also opens up latest opportunities, including leveraging Lactobio’s micrcobiome expertise and significant IP portfolio to develop effective latest cosmetics solutions, including live bacteria.”
Søren Kjærulff and Charlotte Vedel founded Lactobio in 2017 in Copenhagen. They created a proprietary microbiome discovery platform and screening method to decide on essentially the most...
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