Beiersdorf to acquire the real estate assets in Montreux from Clinique La Prairie.

Beiersdorf, the parent behind the luxury brand La Prairie, agreed to acquire the real estate assets in Montreux from Clinique La Prairie, a longevity company. Financial terms were not disclosed. “Through the acquisition, we strengthen our iconic skin care brand La Prairie by reuniting it with its historic birthplace. Clinique La Prairie and La Prairie share a common approach to luxury, longevity, and exclusive client experiences, so we are excited about the possibilities that closer collaboration could open up for us,” Patrick Rasquinet, Beiersdorf Executive Board Member.