LOG Investment (L’Occitane Group) has sold La Maison Pierre Hermé Paris to Butler Industries
Paris – Corporate Finance International (‘CFI’) is pleased to announce that they acted as the exclusive financial advisor to LOG Investment in the sale of their shares in La Maison Pierre Hermé to Butler Industries.
Founded in 1997, La Maison Pierre Hermé Paris is a French gastronomy luxury group that produces and distributes pastries, macaroons and chocolates around the world, mainly in France and Japan.
Pierre Hermé is well-known among his peers for shaking up pastry-making traditions by creating the concept of “haute-pâtisserie“. In 2016, he was awarded the title of World’s Best Pastry Chef by The World’s 50 Best Restaurants and was ranked the 4th most influential French person in the world by Vanity Fair.
La Maison Pierre Hermé Paris sells its haute-pâtisserie creations in BtoC through a wide array of stores, corners and cafés and in BtoB through partnerships with luxury hotel chains and restaurants. The company, which distributes its products across 60 outlets, has a business volume of approximately €100 million.
Founded in 1991, Butler Industries is a global industrial investor with offices in Paris, Shanghai, London and Sao Paulo. The group invests in various sectors and through several economic cycles.
Through this transaction, Butler Industries acquires a majority stake and strengthens its presence in high-end retail. This transaction will enable La Maison Pierre Hermé Paris to bolster its international expansion, solidify its current sales network and pursue its digital strategy.
The transaction closed on 8 December 2021.
Consumer Goods & Retail
has been sold to
Transaction details
LOG Investment (L’Occitane Group) has sold La Maison Pierre Hermé Paris, a French gastronomy luxury group to Butler Industries
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
