A CMS team covering 11 jurisdictions, together with Colgate's US advisers, advised Colgate-Palmolive in its ca. EUR 1.5bn acquisition of Laboratoires Filorga Cosmétiques.
Originally founded in France in 1978, the brand is now sold in over 60 countries with its largest markets being France, Italy, Spain and Greater China. Filorga, a premium anti-ageing skincare brand focused primarily on facial care, leverages a multi-channel distribution strategy across pharmacy, online, specialty stores and travel retail.
The CMS multi-jurisdictional team involving more than 60 lawyers from across Austria, Belgium, China, France, Hong Kong, Italy, Mexico, Middle East, Poland, Portugal and Spain advised on all aspects of the transaction, including M&A, corporate, tax, commercial contracts, employment, anti-trust and real estate.