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Puig is about to buy makeup brand Charlotte Tilbury for more than a billion dollars

Puig is about to buy makeup brand Charlotte Tilbury for more than a billion dollars

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The fashionable make-up brand Charlotte Tilbury is about to be sold in Puig. The Spanish group, which specializes in the perfumery and cosmetics sectors, already has Paco Rabanne and Jean-Paul Gauthier fragrances in its brand portfolio. It is now getting ready to spend more than a billion dollars to acquire this successful brand.

 

The takeover deal could be announced this week, according to Bloomberg, which mentions an anonymous source. Puig is continuing talks with Byron Trott’s investment firm, BDT Capital Partners, which he wants to partner with to support this major purchase.[…]

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Featured photo : © Charlotte Tilbury

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