Company News, Financial News

Leste Group Completes Private Equity Deal with Significant Stake in Prestige Cosmetics

Firm partners with leading distributor of luxury perfume, cosmetic and skincare brands to drive North American presence.

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By: Lianna Albrizio

Associate Editor

Leste Group, a global alternative investment manager, has acquired – through its private equity platform – a significant stake in Prestige Cosmetics, a leading distributor of luxury perfumes and cosmetics in Brazil with a growing presence in North America.    Prestige Cosmetics specializes in the distribution of perfumes and cosmetics from LVMH, Estee Lauder, Interparfums, Richemont, Shiseido, Clarins, La Prairie, and other renowned international brands.   Financial terms of the ...

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