Arnest Group acquired Avon Russia from Natura Cosméticos S.A. (BOVESPA:NATU3) for ?26.9 million on February 20, 2026.

Arnest Group completed the acquisition of Avon Russia from Natura Cosméticos S.A. (BOVESPA:NATU3) on February 20, 2026.

David Scott, Sunny Mann and Partner Sven Bates from Trench Rossi E Watanabe Advogados acted as legal advisor to Natura Cosméticos S.A. Sergei Voitishkin, Dmitry Marchan and Margarita Divina from Melling, Voitishkin & Partners acted as legal advisor to Natura Cosméticos S.A.