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flag Grown Alchemist Completes Change of Ownership.

flag Biological beauty brand, Grown Alchemist, has become privately-held after L'Occitane Group's former CEO, André Hoffmann, acquired a controlling majority stake. flag The brand aims to accelerate growth in key markets such as North America and China, with a focus on large-scale partnerships and activations in lifestyle, music, and retail. flag The transaction price was disclosed as 28 million Euros. flag Grown Alchemist CEO Anna Teal becomes a minority shareholder.

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