SHARE

Blackstone closes in on deal to take L’Occitane private

According to reports, the private equity giant Blakestone is nearing a deal to take Hong Kong-listed skincare company L’Occitane International private. The French cosmetics company owns its eponymous brand, as well as Elemis, Sol de Janeiro and others.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.