e.l.f. Beauty Acquires Naturium for $355M

AURELIUS Acquires The Body Shop from Natura &Co

November 14, 2023

Consumer Products

AURELIUS has agreed to acquire The Body Shop International Limited from Natura &Co for a purchase price valuing the business at £207 million (including a £90m earn-out). The acquisition, expected to close in December 2023, will see AURELIUS work with The Body Shop management to drive operational improvements and re-energise the global beauty and personal care brand.

e.l.f. Beauty Acquires Hailey Bieber’s rhode for $1 Billion

May 30, 2025

Consumer Products

e.l.f. Beauty agreed to acquire Hailey Bieber’s skincare brand rhode in a deal valued at approximately $1 billion. The acquisition gives e.l.f. a foothold in the prestige skincare channel (rhode will continue to operate from Los Angeles with Hailey Bieber remaining as chief creative officer) and is being financed in part with new debt.

e.l.f. Beauty Acquires W3LL PEOPLE for $27 Million

February 24, 2020

Consumer Products

e.l.f. Beauty has acquired clean-beauty brand W3LL PEOPLE for $27 million in an all-cash transaction. e.l.f. said it will leverage its marketing, retail relationships and operational capabilities to grow the W3LL PEOPLE brand, which is expected to contribute roughly $7 million in net sales and $0.01 to adjusted EPS in fiscal 2021.

Arcadia Consumer Healthcare Acquires NATURELO

October 15, 2020

Consumer Products

Arcadia Consumer Healthcare, a portfolio company of Avista Capital Partners, has acquired NATURELO, a premium vitamins, minerals and supplements (VMS) brand. The add-on expands Arcadia's product portfolio and online presence in the growing self-directed wellness market; financial terms were not disclosed.

Ulta Beauty Acquires Space NK from Manzanita Capital

July 15, 2025

Retail

Ulta Beauty has acquired Space NK Limited, a leading British beauty retailer, from Manzanita Capital. Space NK will operate as a standalone subsidiary led by its current CEO, Andy Lightfoot; the acquisition is funded with cash and available credit and is intended to support Ulta's international expansion into the UK and Ireland.

L'Occitane Group Acquires ELEMIS for $900 Million

January 13, 2019

Consumer Products

L'Occitane International S.A. agreed to acquire British luxury skincare brand ELEMIS from Steiner Leisure Limited (a portfolio company of L Catterton) for $900 million in cash. The acquisition expands L'OCCITANE's premium beauty portfolio and is expected to accelerate ELEMIS' global growth across digital, retail, spa and other channels.