Fareva to buy Sanoflore plant

Published: 3-Mar-2010

Southern French consumer products group Fareva, whose operations include cosmetics, has signed an agreement with L'Oréal to purchase its Sanoflore bio-cosmetics plant at Gigors-et-Lozeron in the Drome region. The amount to be paid has not been disclosed.


Southern French consumer products group Fareva, whose operations include cosmetics, has signed an agreement with L'Oréal to purchase its Sanoflore bio-cosmetics plant at Gigors-et-Lozeron in the Drome region. The amount to be paid has not been disclosed.

The acquisition has involved the setting up of a specialist subsidiary, Fareva Bio, which will take over the workforce of 60. Sanoflore has sales of about €7m and a production volume of 2.5 million units. The company produces aromatherapy and plant therapy products as well as bio-cosmetics.

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