L'Occitane Group Acquires ELEMIS for $900 Million

January 13, 2019

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.

Buyers
L'Occitane International S.A.
Targets
ELEMIS
Sellers
Steiner Leisure Limited, L Catterton
Location
England, United Kingdom
Transaction Type
Buyout

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