Addleshaw Goddard's leading personal care, household care and health and beauty team continues to experience a busy time amid consolidation and M&A activity within the sector.
In the last two months, it has brought its sector expertise to bear to advise on:
- The sale of the luxury organic cosmetics brand The Organic Pharmacy to a leading Italian Beauty and Personal Care business, Istituto Ganassini SPA di Richereche Biochimiche; and
- The sale of specialist and award winning eye cosmetics brand Eyeko to The Hut Group, one of the world's largest online Beauty and Wellbeing businesses.
Corporate teams led by Partner Paul Medlicott and Managing Associate Katie Parker and including Jemma Clarke, Rachael Norris, Gemma Porter, Mark Guttridge and Amanda Whitaker along with colleagues from the firm's tax, banking, employment and IP teams advised the shareholders of The Organic Pharmacy and Eyeko.
The firm has an established reputation in the personal care, household care and health and beauty sector, acting for global majors such as PZ Cussons and Reckitt Benckiser, having recently acted on the sale of Bulldog Skincare and REN Skincare and the investment into Grace Cole and having been instructed on a number of ongoing transactions in the sector.
Medlicott said: "We are continuing to see lots of activity within the sector – particularly in relation to leading indie brands, products and manufacturers, which are attracting interest in a competitive market from larger corporates who want to add to their brand portfolios or secure their supply chain and expand their existing capabilities. Congratulations to all involved in these superb transactions."
