Gide has advised Rivadis Group, which specialises in cosmetics, on the sale to L'Oréal of (i) the Société Thermes de Saint-Gervais-les-Bains, which operates the Saint-Gervais-les-Bains spa establishment as part of a public service delegation contract, and (ii) of its cosmetics and skincare production and commercialisation business, under the brand name Saint-Gervais Mont-Blanc. The deal was closed on 7 November 2016.

For 20 years now, the Rivadis Group has successfully created and developed a range of cosmetics integrating thermal spring water. This transaction is part of a corporate strategy whose ambition is to reposition the Group and to concentrate its resources on the development of its own brands (Rivadouce, Auriège and Milton).

The Gide team is comprised of partner Jean-Gabriel Flandrois and Morgan Maréchal on M&A aspects, partner Emmanuel Vital-Durand on public and administrative law aspects, and partner Jean-Hyacinthe de Mitry on intellectual property aspects.