Barcelona-based Puig instructs Holland & Knight on Loto del Sur deal

Holland & Knight advised Barcelona-based fashion and beauty group Puig on its acquisition of a minority stake in Colombian beauty products company Loto del Sur.

Puig is a family-owned fashion and fragrance business that markets its products in more than 150 countries.

Its portfolio includes owned brands such as Carolina Herrera, Nina Ricci, Paco Robanne, Jean Paul Gaultier Penhaligon’s and L’Artisan Parfumeur, and licenses such as Prada, Christian Louboutin and Comme des Garçons.

Loto del Sur, founded in 1999, sells personal care products, cosmetics and perfumes.

DLA Piper advised the vendor, private investor Johana Sanint, according to Mergermarket.