Bettencourt Family and Nestlé Renew Partnership Agreement with L’Oréal
SHERIDAN, WYOMING – May 9, 2025 – The Bettencourt family and Nestlé S.A. have announced that their partnership agreement with L’Oréal, which was initially signed in 2004, remains intact and continues to guide their stakes in the global beauty giant. The deal ensures that the two entities will work together with L’Oréal for the foreseeable future, maintaining strategic unity in one of the most recognized beauty companies in the world.