L'OCCITANE Group Acquires Majority Stake in Sol de Janeiro

L'OCCITANE Group Acquires Dr. Vranjes Firenze

January 4, 2024

Consumer Products

The L'OCCITANE Group has agreed to acquire Italian luxury home fragrance brand Dr. Vranjes Firenze, expanding its portfolio of premium beauty and fragrance brands. The deal, expected to complete by the end of Q1 2024, brings Dr. Vranjes' in‑house production, R&D and retail footprint (28 mono-brand stores and 650 points of sale across ~75 countries) into L'OCCITANE's global platform.

Leste Group Acquires Significant Stake in Prestige Cosmetics

March 5, 2024

Consumer Products

Leste Group has acquired a significant stake in Prestige Cosmetics, a leading Brazilian distributor of luxury perfumes, cosmetics and skincare brands. The private equity investment will support Prestige's international expansion — particularly into North America — while strengthening its retail and e-commerce capabilities; financial terms were not disclosed.

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.

The Carlyle Group Acquires Majority Stake in Beautycounter

April 13, 2021

Consumer Products

The Carlyle Group has acquired a majority stake in Beautycounter (Counter Brands, LLC), partnering with existing investor Mousse Partners to accelerate the clean-beauty brand's growth. The investment will support Beautycounter’s omni-channel expansion, increase brand awareness, and bolster its product and advocacy initiatives; the transaction values the company at $1 billion.

Astorg to Acquire Majority Stake in Solabia Group

May 7, 2025

Biotechnology

Astorg has signed a definitive agreement to acquire a majority stake in Solabia Group from TA Associates, with TA reinvesting alongside Astorg. Solabia, a Paris-headquartered biotech ingredients manufacturer with 11 production sites, 8 R&D labs and over 900 employees, will partner with Astorg to accelerate international expansion (particularly in the US and Asia), advance product innovation and pursue targeted M&A.

KKR Acquires Majority Stake in Vini Cosmetics

July 15, 2021

Consumer Products

KKR has completed the purchase of a majority stake in Vini Cosmetics, a leading Indian personal care and beauty products company. Vini's co-founders retain a significant stake and will continue in board roles as KKR partners with management to expand product categories, grow e-commerce, and broaden distribution domestically and internationally.