L Catterton to acquire a minority stake in EX NIHILO from Eurazeo.

L Catterton, a private equity firm, agreed to acquire a minority stake in EX NIHILO, a France-based niche perfumery brand, from Eurazeo, a private asset manager firm. Financial terms were not disclosed. "EX NIHILO has an incredible foundation built on creative excellence, a strong Parisian heritage, and outstanding brand resonance. We are excited to partner with the founders to help scale the House globally, focusing on expanding its presence in the U.S. and on accelerating its digital transformation. With our deep category expertise, we believe this partnership will unlock tremendous growth potential," Miray Topay, L Catterton Partner.