Approved · Waiver · decided in 28 days, 24 Sept 2026
Global investment firm Partners Group, through Elixis BidCo, proposes to indirectly acquire joint control of French natural cosmetics retailer Aroma-Zone Topco SAS and Legendre Holding 91 SAS via a share purchase. Current controller Eurazeo S.E. will reinvest, retaining a co-controlling stake in the wellness solutions provider.
Partners Group AG ( Partners Group ) proposes to indirectly acquire joint control over Legendre Holding 91 SAS ( Legendre ) and Aroma Zone Topco SAS ( Aroma-Zone ) by way of share purchase agreement (the Acquisition ). The Acquisition will be implemented by funds advised and/or managed by Partners Group through Elixis BidCo, an investment vehicle. Partners Group is registered and headquartered in Switzerland and is a wholly owned subsidiary of Partners Group Holding AG. Partners Group Holding AG is a stock corporation incorporated under Swiss law and listed on the SIX Swiss Exchange. Partners Group is a global investment management firm with USD 186 billion in assets under management across private equity, private infrastructure, debt, royalties and real estate. Aroma-Zone is a French retailer of natural cosmetics, essential oils, supplements, aromatherapy products and wellness solutions, selling directly to customers through its online platform and retail stores. Aroma-Zone is currently solely controlled by Eurazeo S.E. ( Eurazeo ). Eurazeo will reinvest indirectly and retain indirectly a co-controlling stake in Aroma-Zone through Elixis BidCo. Eurazeo is a listed investment company headquartered in Paris, France, with a portfolio of several billions of euros in diversified assets. Its purpose is to detect, accelerate and enhance the potential transformation of companies of all sizes in which they invest. It has three main activities: private equity, private debt and real assets. Legendre is a holding company.