Announced
Completed
Synopsis
L'OCCITANE, a retailer of body, face, fragrances and home products, completed the acquisition of Sol de Janeiro, a skincare brand, from Prelude Growth Partners, a private equity firm. Financial terms were not disclosed. "It has been a privilege to support Sol de Janeiro to become a leading lifestyle skincare brand. Born from an authentic Brazilian philosophy of self-love and joy, Sol de Janeiro delivers exceptional, iconic products to an ever-growing set of passionate consumers. We are proud to have played an integral role in the Company's growth story over the past several years and are thrilled for Sol de Janeiro to become part of the L'OCCITANE family," Alicia Sontag, Prelude Growth Partners Co-Founder and Managing Partner.
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