Financial News

L Catterton Acquires Majority Stake in Stenders

The bath and body care company will leverage its expertise and network to accelerate its international expansion.

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By: Lianna Albrizio

Associate Editor

Global consumer-focused investment firm L Catterton has acquired a majority stake in Stenders, a premium bath and body care company founded in Latvia in 2001 that now has a presence in 20 countries across the world. The transaction positions Stenders to accelerate its international expansion across Asia, Europe, the Middle East and the US, on the back of secular tailwinds in the sector, officials said. “This partnership will unlock the next stage of growth for us. L Catterton has a proven ...

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