Puig’s acquisition of a minority stake in Loto del Sur

Holland & Knight and DLA Piper Martinez Beltran advised on the deal

Puig executed the acquisition of a minority stake in Colombian premium beauty company Loto del Sur from Johana Sanint: sole shareholder of Colombian premium beauty company.

Puig is a third-generation family-owned fashion and fragrance business, which products are sold in over 150 countries. Its portfolio of brands includes a combination of owned brands such as Carolina Herrera, Nina Ricci, Paco Robanne, Jean Paul Gaultier Penhaligon’s and L’Artisan Parfumeur; licenses such as Prada, Christian Louboutin and Comme des Garçons; and Lifestyle fragrances.

Holland & Knight acted as legal advisors of Puig SL with a team including Danilo Romero (Picture) and Lucas Saffon.

DLA Piper Martinez Beltran advised Johana Sanint on the sale with a team including Felipe Quintero (Picture), Felipe Aristizábal and Silvia Franco.

Involved fees earner: Felipe Aristizábal – DLA Piper Martínez Beltrán; Silvia Paola Franco – DLA Piper Martínez Beltrán; Felipe Quintero Serrano – DLA Piper Martínez Beltrán; Danilo Romero Raad – Holland & Knight; Lucas Saffon-López – Holland & Knight;

Law Firms: DLA Piper Martínez Beltrán; Holland & Knight;

Clients: Johana Sanint; Loto del Sur; Puig S.L.;

Author: Ambrogio Visconti.