Players Natura X L’Oreal

Several firms advises on the sale of Aesop to L’Oreal

Trench Rossi, Mattos Filho, Pinheiro Neto and Davis Polk advised Natura on the sale of the Aesop brand, which has been part of its portfolio for 10 years, to L’Oreal, wich was advised by Lefosse and Latham & Watkins.

The deal, valued at US$ 2.52 billion, is still subject to regulatory approvals and should be concluded in the third quarter of 2023, but already represents the largest acquisition made by L’Oreal.

Trench Rossi Watanabe relied on partners Simone Dias Musa (pictured top left) and Reinaldo Ravelli (pictured bottom left) and associates Marcelle Silbiger and Seyed Bernardo Guerra.

Mattos Filho relied on partners Gil Mendes (pictured top center left), Andrea Bazzo (pictured bottom center left), Paulo Tedesco (pictured top center) and Reinaldo T. Moracci Engelberg (pictured bottom center).

Pinheiro Neto relied on partners Henrique Lang (pictured top center right), Flávio Veitzman (pictured midle center right) and Renê Medrado (pictured bottom center-right); associates Luiz Felipe Fleury Vaz Guimaraes and Eduardo Kauffman Milano Benclowicz.

Davis Polk & Wardwell LLP also advised the Natura and relied on partner Manuel Garciadiaz.

In-house counsel to Natura: Itamar Gaino Filho, Daniela Anversa, Lisa Siders and Lee Hayers.

Lefosse acted alongside Latham & Watkins (leading counsel) and advised L’Oréal. Lefosse relied on partners Gonçalo Godinho (pictured top left) and José Carlos Berardo (pictured bottom right); senior associates Luana Torres and Marília Ávila.