Company News, Financial News

L Catterton Acquires Majority Stake in Kiko Milano from Percassi Family

Founded in 1997, Italian company is among the largest privately-owned color cosmetics brands in the world.

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By: Lianna Albrizio

Associate Editor

L Catterton has entered a definitive agreement to acquire a majority stake in the Italian beauty brand Kiko Milano from the founding Percassi Family, who will retain a significant stake in the company.    L Catterton has invested in more than 30 beauty brands across the globe, including Intercos, Elemis, ETVOS, Maria Nilla, and Oddity, among many others.   Terms of the transaction were not disclosed.   Founded in Bergamo, Italy in 1997 by Antonio and Stefano Percassi, Kik...

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