L'Occitane International completes acquisition of Australian clean skin-care brand Grown Alchemist

Sample article from our Beauty & Personal Care

HONG KONG , April 6, 2022 (press release) –

Reference is made to our announcement dated 24 March 2022 in relation to the acquisition of Group Fourteen Holdings Pty.
Ltd., or Grown Alchemist. Capitalised terms in this announcement shall take the same meanings as those defined in that
announcement.

We are pleased to announce that on 1 April 2022 (after trading hours), the Acquisition Agreement was entered into and the
Acquisition was completed in accordance with the Acquisition Agreement. Starting from this date, Grown Alchemist is our
indirect non-wholly owned subsidiary and shall be consolidated into and form part of our Group.

In addition, upon completion of the Acquisition, we replaced LOGI as a party to the Shareholders Agreement and assumed,
among others, the rights and obligations of LOGI with respect to the Options under the Shareholders Agreement.

By Order of the Board
L’Occitane International S.A.
Reinold Geiger
Chairman
Luxembourg, 1 April 2022

As at the date of this announcement, the executive directors of the Company are Mr. Reinold Geiger (Chairman), Mr. André
Hoffmann (Vice-Chairman and Chief Executive Officer), Mr. Yves Blouin (Group Managing Director), Mr. Thomas Levilion
(Group Deputy General Manager, Finance and Administration), Mr. Karl Guénard (Company Secretary) and Mr. Séan
Harrington (Chief Executive Officer of ELEMIS) and the independent non-executive directors of the Company are Mrs.
Valérie Bernis, Mr. Charles Mark Broadley, Ms. Betty Liu and Mr. Jackson Chik Sum Ng.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Chelsey Quick
Chelsey Quick
- VP Client Success -

We offer built-to-order beauty & personal care coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.