Date: June 2020
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).