Aesop is an Australian skin care house founded in Melbourne in 1987, known for plain amber bottles, unusually designed shops and a refusal to make anti-ageing claims. L'Oréal bought it from Natura &Co in 2023 for $2.53 billion, the largest acquisition in the group's history.
L'Oréal acquired the Australian skincare brand Aesop from Natura &Co for $2.525 billion, its largest acquisition. Natura sold to reduce the debt it had taken on buying Avon and The Body Shop, so one group's retrenchment funded another's expansion.
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Frequently asked questions
Who is the parent company of Aesop?
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The parent company of Aesop is L'Oréal, a publicly listed company headquartered in France.
Is Aesop Australian or French?
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Aesop originated in Australia in 1987, but it is owned today by L'Oréal, which is headquartered in France. So Aesop is an Australian-origin brand under French ownership.
When did L'Oréal buy Aesop?
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L'Oréal completed its acquisition of Aesop on 31 August 2023, after announcing the deal on 3 April 2023. The deal was valued at $2.52 billion (enterprise value).
Is Aesop still owned by L'Oréal?
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Yes. As of 16 September 2026, Aesop is still owned by L'Oréal. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.