Specialists of ALRUD Law Firm represented the interests of Natura &Co., a Brazilian global manufacturer of cosmetics and perfumes (brands include Natura, The Body Shop, Aēsop), in the process of clearance with FAS Russia (Federal Antimonopoly Service) and the Government Commission for Control over Foreign Investments of the acquisition of Avon Products, Inc., a global manufacturer of cosmetics and related products. The transaction was completed on January 3rd 2020. It resulted in the creation of the world's fourth-largest beauty group.
billion transaction amount
The ALRUD team was led by German Zakharov (ALRUD Partner of Antitrust Practice) and included Roman Vedernikov, ALRUD Associate, Anastasia Kayukova, ALRUD Senior Attorney, and Dmitry Domnin, Junior Attorney.
ALRUD experts provided full support in receiving necessary clearances of the transaction: from collection of the necessary documentation to post-closing communication with FAS Russia. Thanks to the strategy developed by the ALRUD team, the transaction was agreed both within merger control and national security procedures without issuing any remedies and within the shortest possible time frame of less than three months.
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