Grown Alchemist Completes Change of Ownership.

Biological beauty brand, Grown Alchemist, has become privately-held after L'Occitane Group's former CEO, André Hoffmann, acquired a controlling majority stake. 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. The transaction price was disclosed as 28 million Euros. Grown Alchemist CEO Anna Teal becomes a minority shareholder.

April 02, 2024
4 Articles

Further Reading