Operandi.Law was involved in the tax structuring of the acquisition of LESSONIA, a Breton manufacturer of cosmetic products and natural ingredients valued at between €90m and €100m, as part of the management buy-out (MBO), supported by NEWALPHA VERTO S.L.P., Bpifrance and BNP Paribas Développement.

A little more than 20 years after being founded, the company is handed over. Based in Saint-Thonan, Finistère, Lessonia has 230 employees. The SME, which is very attached to its Breton production facilities and the “Made in France” concept, nevertheless generates 65% of its sales abroad.

With a B to B to C model, the company works for the major players in the sector, such as L’Oréal, Yves Rocher and Clarins. Key accounts that it has been able to win over thanks to its differentiating positioning: Lessonia has its own R & D laboratory which enables it to be a force of proposal for its customers with innovative formulations and formats.

The Operandi team was composed of Matthias Heyberger, Partner lawyer.