Give Back Beauty Seals Acquisition of Ab Parfums from Angelini Industries
Deal News | Feb 07, 2025 | Legal Community Italy
Give Back Beauty, a renowned group active in the perfumes and cosmetics sector, has acquired Ab Parfums from Angelini Industries. The strategic acquisition was expertly facilitated by a team from Deloitte Legal. The team, led by partner Carlotta Robbiano and including key figures such as Alessio Sini, Alessandra Maria Frassanito, and Livia Cassina, covered corporate and commercial aspects. Finance-related elements were addressed by Deloitte's Gabriele Pavanello and team. Additional support on the transaction was provided by Perani Pozzi for IP matters and financial aspects were handled by Deloitte Financial Advisory with input from Sts Deloitte for fiscal issues. Angelini Industries was represented by an internal legal team and secured the financial advisory services of Rothschild, while EY undertook financial due diligence, with Bain & Company providing commercial assistance. Bnl Bnp Paribas played a crucial role as the global coordinator and sole underwriter for the financing of the acquisition. This acquisition is part of Give Back Beauty's strategy to enhance its portfolio through collaborations with esteemed brands such as Elie Saab and Dolce & Gabbana.
Sectors
- Beauty and Personal Care
- Legal Services
- Financial Services
Geography
- Italy – The article source is 'Legal Community Italy' and involves a transaction with Italian companies and corporate legal teams based in Italy.
Industry
- Beauty and Personal Care – The article discusses a transaction involving Give Back Beauty, a key player in the perfumes and cosmetics sector, marking this as the relevant industry.
- Legal Services – Deloitte Legal and other law firms provided advisory roles in the acquisition process, highlighting the involvement of the legal services sector.
- Financial Services – Involvement of Rothschild, Bnl Bnp Paribas, and other financial advisory services in the acquisition underlines the importance of the financial services industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Give Back Beauty | Acquirer | Company | A group active in the perfumes and cosmetics sector, acquiring Ab Parfums. |
| Ab Parfums | Target | Company | The company being acquired by Give Back Beauty, previously part of Angelini Industries. |
| Angelini Industries | Seller | Company | The parent company that sold Ab Parfums to Give Back Beauty. |
| Deloitte Legal | Legal Advisor | Company | Provided legal advisory services to Give Back Beauty during the acquisition. |
| Perani Pozzi | IP Advisor | Company | Advised on intellectual property aspects of the transaction. |
| Rothschild | Financial Advisor | Company | Provided financial advisory services to Angelini Industries for the deal. |
| EY | Due Diligence Advisor | Company | Conducted financial due diligence for the transaction from Angelini's side. |
| Bain & Company | Commercial Advisor | Company | Advised Angelini Industries on commercial aspects of the transaction. |
| Bnl Bnp Paribas | Financing Coordinator | Company | Acted as the global coordinator and sole underwriter for the acquisition financing. |