Press release regarding the meeting of the Competition Council Section – Held on Tuesday, February 24, 2026

In accordance with Article 38 of the internal regulations of the Competition Council, the Council Section held a meeting on Tuesday, February 24, 2026 at 1:00 p.m. under the chairmanship of Mr. Abdelaziz Talbi, Vice-President of the Competition Council, to examine the files submitted to it by the Council’s investigation services.

The section decided to authorize the following economic concentration operations:

• Exclusive control acquisition by the company “L’Oréal SA” of the company “Kering Beauté SAS”;
• Indirect exclusive control acquisition by the company “CVC Capital Partners plc” of the company “Smiths Detection Group Limited”.