Deals 5 March 2004
Coudert Brothers has advised L’Oreal, the world’s largest cosmetics maker, on a further Chinese acquisition. The company has purchased Yue-Sai, a Chinese make-up and skincare brand, the deal
Coudert Brothers has advised L’Oreal, the world’s largest cosmetics maker, on a further Chinese acquisition. The company has purchased Yue-Sai, a Chinese make-up and skincare brand, the deal signed in Paris on 21 January. This was the second acquisition for L’Oreal in China since acquiring Mininurse, another leading Chinese cosmetics brand late last year. Jingzhou Tao, head of the team which spanned five of Coudert’s offices around the world — and managing partner at the firm’s Beijing office, said the “unique acquisition of Yue-Sai” required legal advice spanning several jurisdictions ranging from US law and Chinese law to French law, in addition to expertise from several practice areas including corporate law, intellectual property law and anti-trust law.