The announcement of the proposed privatisation of L’Occitane International S.A. was published on 29 April 2024. Our Luxembourg team provided assistance to J.P. Morgan Securities (Asia Pacific) Limited on both, Luxembourg Corporate M&A and Capital Markets aspects.
The transaction will be funded through a combination of external debt facilities provided by Crédit Agricole Corporate and Investment Bank (CA-CIB), with additional financing capital provided by funds managed by Blackstone Inc. and its affiliates and Goldman Sachs Asset Management International or its affiliates.
L’Occitane is a global leader in the premium beauty market with more than 3,000 retail outlets, including approximately 1,300 owned stores across 90 countries.