France's L'Oreal to buy Japanese skincare company Takami

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French cosmetics maker L'Oreal has signed an agreement to buy Japanese skincare company Takami, it said on Wednesday.

FILE PHOTO: The logo of French cosmetics group L'Oreal in the western Paris suburb of Levallois-Perret, France, February 7, 2020. REUTERS/Gonzalo Fuentes/File Photo

PARIS - French cosmetics maker L’Oreal has signed an agreement to buy Japanese skincare company Takami, it said on Wednesday.The Takami brand had about 50 million euros in revenue in 2019, L’Oreal added.

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