ELEMIS has been 100% owned by L'OCCITANE GROUP since January 2019.

At what enterprise value was ELEMIS acquired in 2019?

During the acquisition of ELEMIS by L'OCCITANE GROUP in 2019, the transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR.

What was the EV/EBITDA of ELEMIS when it was acquired by L'OCCITANE GROUP?

The estimated EV/EBITDA multiple for ELEMIS is in the range of 15x - 25x.

When was ELEMIS acquired by L'OCCITANE GROUP?

ELEMIS was acquired by L'OCCITANE GROUP in 2019.

What was the revenue of ELEMIS at the time of the deal?

The revenue of ELEMIS at the time of the deal is estimated to be in the range of 100M - 200M EUR.

What was the EBITDA of ELEMIS during the acquisition?

ELEMIS's EBITDA is estimated to be in the range of 25M - 50M EUR.

How is the data for the ELEMIS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ELEMIS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://group.loccitane.com/group/news/loccitane-group-acquires-premium-skincare-brand-elemis

What is the average EV/EBITDA multiple for the Retail & Consumer sector in 2026?

The average EV/EBITDA multiple for the Retail & Consumer sector in 2026 is 11.2x.

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Home Database Retail & ConsumerELEMIS

01/2019

ELEMIS acquired by L'OCCITANE GROUP

UNITED KINGDOM Consumer Products / Personal & Household / Hygiene & Beauty Brands EV 500M - 1.5b EUR

Context

L'OCCITANE announced the acquisition of ELEMIS, a UK-based luxury skincare brand aiming to strengthen its portfolio of luxury beauty brands and expand its presence in the luxury cosmetics market. This acquisition is the largest since the listing of L'Occitane on the Hong Kong Stock Exchange in 2010. ELEMIS will become a wholly-owned subsidiary, with a growth strategy focused on innovation and quality. The french group expects this acquisition to increase its presence in the luxury cosmetics market, particularly in Asia-Pacific, where the group has a strong presence. The acquisition of ELEMIS will also enable L'OCCITANE to develop its omnichannel distribution strategy and strengthen its position in the skincare market. The acquisition is expected to be completed in the first quarter of 2019, with ELEMIS' management team remaining in place to lead the brand's growth and development.

ELEMIS, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Retail & Consumer sector (11.2x).

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Target

ELEMIS is a UK-based luxury skincare brand founded in 1990, offering high-quality products formulated with natural ingredients and advanced scientific expertise, with a range of products for face and body, sold through various channels including online, wholesale, and distribution networks such as spas, beauty boutiques, and online retail platforms, with a significant presence in the UK and US, and a growth strategy focused on innovation and quality.

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Similar deals in Consumer Products

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2019	COLGATE-PALMOLIVE	FILORGA	FRANCE	Hygiene & Beauty Brands
03/2019	MAUS FRERES	THE KOOPLES	FRANCE	Fashion & Apparel
08/2018	PEPSICO	SODASTREAM	UNITED STATES	Consumer Products
08/2018	MANAGEMENT & PRIVATE INVESTORS	DESIGUAL	SPAIN	Fashion & Apparel
07/2018	ARGOS WITYU	JURATOYS	FRANCE	Consumer Products
07/2018	PAI PARTNERS	ASMODEE GROUP	FRANCE	Consumer Products
04/2017	INVESTINDUSTRIAL	ARTSANA	ITALY	Personal & Household
03/2017	LVMH	MAISON FRANCIS KURKDJIAN	FRANCE	Hygiene & Beauty Brands
02/2017	THE CARLYLE GROUP	GOLDEN GOOSE	ITALY	Fashion & Apparel
11/2016	3I / CATHAY CAPITAL	HAVEA	FRANCE	Hygiene & Beauty Brands

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ELEMIS by L'OCCITANE GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: elemis

Acquirer: l'occitane group