Hogan Lovells advises IDI on the acquisition of a majority stake in Prevost Laboratory Concept

Press releases | 29 August 2023

Paris, 29 August 2023 – Global law firm Hogan Lovells has advised IDI in its acquisition of a majority stake in Prévost Laboratory Concept, a laboratory and manufacturer of cosmetics and food supplements.

IDI acquired its stake alongside the management team led by Marc-Henry Lussigny.

Founded in 1992 in Brittany, Prévost Laboratory Concept specialises in the formulation, regulatory compliance, production and packaging of liquid and semi-liquid cosmetic products and food supplements. The Group expects to achieve sales of nearly €15 million this year.

This transaction will enable Prévost Laboratory Concept to continue its development and accelerate its growth.

The Hogan Lovells team was led by partners Stéphane Huten and Arnaud Deparday and included senior associate Alexandre Giacobbi and associate Raphaël Morin in corporate law.

Partner Ludovic Geneston with support from associates Maximilien Schmitt and Marine Plançon advised on tax law: and partner Alexander Premont with support from counsel Guergana Zabounova and associates Eleanor Cizeron and Lucas Glicenstein advised on banking and finance aspects.