Engaged in a tight control of profitability and debt, Natura & Co (owner of Natura, Avon, The Body Shop and Aesop brands) started discussions for a total or partial sale of the Aesop brand, according to the Valor International website. LVMH, L’Oréal, Shiseido, L’Occitane and the fund CVC Partners are among the potential buyers.
According to Citi, the valuation of Aesop could reach US$2 billion. This is based on a multiple of 16.5 times EBITDA. In Q3 2022, Aesop’s sales reached US$119...