Has L'occitane Bought Elemis?

Has L'occitane Bought Elemis?

Geneva and Paris and London and New York - January 13, 2019 - L'Occitane International S.A. ("L'OCCITANE" or the "Group"; SEHK stock code: 973), the leading manufacturer and retailer of natural cosmetics with a portfolio of premium beauty brands, today announced that it has entered into a definitive agreement to ...

Does L Occitane own Elemis?

The L'OCCITANE Group is pleased to announce its acquisition of ELEMIS, an award-winning global brand for luxury skincare products for face and body. ... The acquisition fits into the Group's strategy of building a leading portfolio of premium cosmetics brands.

Has Elemis been sold?

British luxury skincare company Elemis is being acquired by upscale natural cosmetics specialist L'Occitane International for $900 million. L'Occitane, which already has a portfolio of premium brands, has entered into a definitive agreement to acquire the UK company with the $900 million set to be paid in cash.

Marcus Vance
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Marcus Vance

Marcus Vance is a cybersecurity auditor and technology writer dedicated to educating the public about online safety, data privacy regulations, enterprise security, and emerging cyber threats.