King & Wood Mallesons advised Tikehau IM through a bond issue of €61,152,000 made by Maesa to finance the acquisition of p2 Cosmetics.

The firm regularly advises Tikehau IM, including on its provision of a unitranche debt package to support the investment of Winch Capital 2 in Maesa in October 2014.

Tikehau IM is the investment company of the Tikehau Group, it specialises in fixed income products, and has become one of the leaders in its market in just a few years.

Since its creation in 1997, Maesa has consolidated its position as a strategic partner for major outlets and brands.

Founded in 2004, p2 Cosmetics has become a mainstay in the German beauty industry. Sold in 1,800 DM stores across Germany.

The KWM team was composed of Finance partner Olivier Vermeulen, and associates Marc Zérah, Tereza-Courmont Vlkova, and Antoine Venier ; as well as of Tax partner Raphaël Béra and associate Etienne Bimbeau ; and Corporate partner William Robert, supported by the Austrian firm Binder Groesswang with Emanuel Welten and Stefan Tiefenthaler (partners) and Robert Wippel (associate).