L’Occitane to buy ELEMIS for $900 mln

L’Occitane International SA said Jan. 13 that it agreed to buy ELEMIS for $900 million. ELEMIS is owned by Steiner Leisure Ltd, a portfolio company of L Catterton. ELEMIS is a British skincare brand. Jefferies and Nomura provided financial advice to ELEMIS, and Kirkland & Ellis served as legal adviser.

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