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Luxury cosmetics firm, L’Occitane International SA agreed to buy beauty and skincare brand, Elemis

Paris – CFI France is pleased to announce that they have been the sole buy-side advisor to L’Occitane in the transaction of Elemis.

Luxury cosmetics firm, L’Occitane International SA agreed to buy beauty and skincare brand, Elemis for about $900 million, from Steiner Leisure Ltd., a portfolio company of private equity firm L Catterton that focuses on consumer investments.

The acquisition will bolster the group’s growth globally, with plans to bring the Elemis label into new markets.

The deal is expected to be closed by the end of March 2019.

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Consumer, Brands & Retail

has acquired

from Steiner Leisure Ltd., a portfolio company of

Advised by:

Jean-Marc Teurquetil

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