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Margot Robbie’s favourite Aesop in line for £1bn sale

Margot Robbie’s favourite in line for £1bn sale: Luxury cosmetics giants weighing up takeover of skin care brand Aesop

Luxury cosmetics giants are weighing up a £1 billion takeover of skin care brand Aesop. 

Japanese cosmetics company Shiseido and Luxembourg-based sustainable beauty retailer L’Occitane are among the suitors, according to sources of The Mail on Sunday. 

Devotee: Actress Margot Robbie is a big fan of the skin care brand Aesop

CVC Capital Partners, investor in the Six Nations Rugby Championship, is also said to be considering a bid for the label – a favourite of Australian actress Margot Robbie. 

Aesop was founded by hairdresser Dennis Paphitis in 1987 in Australia. He sold the brand to Natura & Co a decade ago. 

Sources said Natura & Co – a Brazilian group which also owns the Body Shop and Avon – is sounding out possible buyers. Advisers to Natura & Co are calling for indicative offers for Aesop to be submitted by the end of this month. 

One source said Groupe L’Occitane is working with advisers from Corporate Finance International on a possible offer. 

Analysts suggested that Aesop could be sold for between £1billion and £1.5billion. 

The MoS reported in August that Natura & Co was seeking to demerge or sell The Body Shop. It later announced that it might list Aesop on the US stock exchange. 

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Read more at DailyMail.co.uk



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