Company News, Financial News

Natura &Co to Sell The Body Shop to Aurelius

The brand will continue its drive to refocus on its strategic priorities, notably accelerating the integration of the Natura and Avon brands in Latin America.

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By: Lianna Albrizio

Associate Editor

Natura &Co has reached an agreement to sell The Body Shop to international private equity group Aurelius, marking a new step in the Group's strategy to simplify and refocus its operations.   Under the transaction, Aurelius has signed an agreement to acquire The Body Shop for an enterprise value of GBP 207 million or $256.6 million, including an earn-out of GBP 90 million, or $111.6 million. The price and the earn-out will be payable in up to five years after closing.    ...

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