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L'Occitane International S.A. acquires Elemis Ltd

L'Occitane International S.A. has acquired UK-based Elemis Ltd for a deal valued at $900 million, PE Hub reported. The seller is Steiner Leisure Limited, a portfolio company of L Catterton. Based in Luxembourg, L'Occitane International S.A. is a designer, manufacturer, and marketer of various natural and organic ingredient based cosmetics and well-being products. Elemis Ltd. is a manufacturer and seller of anti-ageing skincare products for the beauty industry worldwide.

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Mergers and Acquisitions,M&A,M&A deals