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.
Related
Our latest transactions
Real Estate & Construction

has been acquired by

Transaction details
Blue Bay Building Products has been acquired by Wolseley Group, a leading specialist provider of plumbing, heating, cooling, and utility products to trade customers
Food & Beverage & Agribusiness

has sold

to

Transaction details
Fleury Michon has sold Room Saveurs, a trading company and laboratory specialized in the development of meal trays, to Kumo
Industrials

has transferred the equity interests of its subsidiary

to

Transaction details
Maezawa Kyuso Industries has transferred the equity interests of Maezawa Kyuso (Nanchang) to Guangzhou Hongxing Investment Co., Ltd.
Software & IT Services

have sold

to
a portfolio company of

Transaction details
Companyweb, the leading provider of subscription-based credit information and private company data intelligence in Belgium, has been sold to Altares, a provider of B2B data solutions, servicing medium and large companies across the entire data value chain