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Date: June 2020
Buyer: Puig
Target: Charlotte Tilbury Group
Business: UK-based make-up brand
Value: Approximately £790 million
Details: Barcelona based fragrance and fashion group Puig has acquired a majority stake in UK-based make-up brand Charlotte Tilbury. The deal is being described as a ‘strategic partnership’ between Puig and the brand’s founder Charlotte Tilbury who will retain a substantial minority stake whilst continuing to act as Chair, President and Chief Creative Officer. Bloomberg is reported to have valued the company at around $1bn (£790m).
Date: Closed June 2018
Buyer: Puig
Target: Dries Van Noten
Business: Belgian fashion brand
Value: Undisclosed
Details: Spanish family-owned fragrance and fashion firm Puig (owner of the Carolina Herrera, Nina Ricci and Jean Paul Gualtier brands), has acquired a majority stake in Dries Van Noten. Dries Van Noten has retained a minority stake and remains the brand’s chief creative officer and Chairman of the Board.