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Deal is for $900 million in cash.
January 15, 2019
By: Melissa Meisel
L'Occitane International S.A. will acquire Elemis for $900 million in cash. The skin care company is being sold by Steiner Leisure Limited, a portfolio company of L Catterton. Elemis offers four beauty franchises, while capitalizing on its five strategic distribution channels: digital, retail distribution1, QVC, professional spa and maritime, according to the company.
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