L'Occitane International S.A. (SEHK:973) agreed to acquire Dr. Vranjes Firenze s.r.l. Unipersonale from BlueGem II LP, a fund managed by BlueGem Capital Partners LLP on January 4, 2024. The completion of the transaction is expected at the end of the first quarter of 2024. N.M. Rothschild & Sons Limited, New Deal Advisors SpA, BPER Banca SpA (BIT:BPE) acted as financial advisors, Deloitte UK acted as accountant, Latham & Watkins (London) LLP, Galgano, DLA Piper UK LLP, Gattai, Minoli, Agostinelli & Partners acted as legal advisors to BlueGem Capital Partners.

Legance - Avvocati Associati, Arash Attar-Rezvani of Skadden, Arps, Slate, Meagher & Flom LLP and Andrea C. Spadacini of Skadden, Arps, Slate, Meagher & Flom (UK) LLP acted as legal advisors, Lempriere Capital Partners, Financial Advisory Arm acted as financial advisor to L'Occitane in this transaction.