CFI advised l’Occitane on its acquisition of Limelight
Paris – CFI France is pleased to announce it acted as the exclusive corporate finance advisor to L’Occitane on the acquisition of a minority stake in LimeLight’s business in the United States.
L’Occitane, a global, natural ingredient-based cosmetics and well-being products company with origins and true stories from Provence and around the world, takes a minority stake in LimeLight’s business in the United States.
Under the terms of the investment, the Group will acquire a 40% stake in LimeLight’s business in the United States. It also plans to invest in a majority stake in a joint venture with LimeLight to develop the business model outside of the United States.
Founded in 2015 by the Alcone Company, LimeLight by Alcone offers all-natural skincare lines and personalized color makeup palettes. It utilizes a unique distribution network with beauty guides and an online presence in the USA.
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