Kirkland Advises Chantecaille on Acquisition by Beiersdorf
Kirkland & Ellis advised Chantecaille Inc., USA, a leading prestige beauty company, on its definitive agreement to be acquired by Beiersdorf AG. Depending on the future development of the Chantecaille business, the enterprise value is between $590 million and $690 million. The company will continue to be managed separately as a complementary selective brand in the Beiersdorf Group next to La Prairie. The completion of the transaction is subject to customary closing conditions and is expected to close in the first quarter of 2022.
Read the Beiersdorf press release
The Kirkland team was led by corporate partners Amanda Border and Jennifer Perkins, with assistance from partners Michele Cumpston and Damon Fisher, and associates Emily Deagen, Hannah Dudley, William Lay, Molly Boyd and Iris Ryou. The team also included technology & IP transactions partner Shellie Freedman and technology & IP transactions associates Bernadette Coppola and Bomin Kim, and tax partners Sara Zablotney and Tara Rhoades and associate Nithya Sheshadri.