Is L’Oreal an Israeli Company?
If you are wondering whether or not L'Oreal is an Israeli company, this is the place to be.
We worked hard to put together all the publicly-known details about L'Oreal, and if it's an Israeli company - or has any ties to it.
L'Oreal and Its Details:
Israeli or Not: Not Israeli
Multinational: Yes
Founded: 1909
Founder(s): Eugène Schueller
Founder(s)' Known Religion/ Ethnicity: Unknown
Parent Company: L'Oréal
Child Companies: Lancome, Maybelline, Garnier, NYX, Urban Decay, CeraVe, La Roche-Posay, Kiehl's, Matrix, Redken
Location/ Headquarters: France
While L'Oreal is not from Israel, it is located in France which has consistently supported Israel throughout history. The government of France has continually shown support for Israel, including voting in favour of it in international forums like the United Nations.
In the News:
34.70% of L’Oreal is owned by Mrs. Francoise Bettencourt Meyers and her family. 20.1% of L’Oreal is owned by Nestle. Nestle began investing in Israel in 1995 by buying 10% of Israeli food maker Osem Investments, increasing its ownership to 50.1% two years later giving it the controlling share and now owns a 53.8 percent stake in Osem Swiss food giant Nestle will set up a global research and development centre for snack foods next year in Sderot, a town in Israel’s Negev desert, the Maariv.