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Beiersdorf To Acquire Luxury Beauty Company Chantecaille Beaute

Will complement Beiersdorf’s premium skin care offering La Prairie.

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By: Christine Esposito

Editor-in-Chief

Beiersdorf AG has entered into a definitive agreement to acquire Chantecaille Beaute Inc., a US-based prestige beauty company.    Depending on the future development of the Chantecaille business, the enterprise value is between $590 million to $690 million, according to Beiersdorf. In 2021, it is expected that Chantecaille’s revenues will top $100 million.   Chantecaille Beaute will continue to be managed separately as a complementary selective brand in the Beiersdorf Group next to La Prairi...

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