Jones Day is advising L1 Retail, the retail investment arm of LetterOne, on its acquisition of Holland & Barrett, Europe's largest health and wellness retailer, from The Nature's Bounty Co. and The Carlyle Group for £1.77 billion (US$2.25 billion). The transaction requires EU merger approval and is expected to close by September 2017. The deal represents L1 Retail's first acquisition since it was formed in late 2016 and was secured following a competitive auction process.
For additional information about this matter, please contact: Raymond McKeeve
Client(s): Letterone Investment Holdings S.A.
Practice(s): M&A, Private Equity, Banking & Finance
Office(s): London, Amsterdam, Brussels
Matter Type
M&A: Acquiror's Counsel
Industry
Fund/Investment Management
News Category
M&A