The Body Shop acquired by AURELIUS
AURELIUS acquired The Body Shop, a UK beauty and personal care retail brand.
Preliminary: The announcement date, deal status, transaction value and value notes are not yet independently verified. Sources conflict on the value basis.
Transaction summary
- Target
- The Body Shop
- Acquirer
- AURELIUS
- Seller
- Natura &Co
- Announced
- 2023-11-14(unverified)
- Geography
- United Kingdom
- Tags
- bath and bodybeauty and personal care retailbeauty retailConsumerCosmeticsPersonal CareSkin Care
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-07-25
- Latest update
- 2026-10-29
Value and multiples
100% enterprise value
GBP 207M
Unverified
100% enterprise value | GBP
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
Approx. $254M USD using FX date 2023-10-30 at 1.2142 GBP/USD.
EV / revenue
-
Period not stated
Basis: FundComb estimate
EV / EBITDA
-
EBITDA basis not stated
Basis: FundComb estimate
Basis
- Reported enterprise value: £207 million, including a conditional £90 million earn-out payable with the price over as many as five years after closing. No valuation multiple was calculated.
Source summary
AURELIUS acquires iconic global beauty brand and retailer The Body Shop
ConfirmedAURELIUS announced on November 14, 2023 that it would acquire The Body Shop from Natura &Co under a purchase agreement valuing the business at £207 million, including a £90 million earn-out. Natura later reported through an SEC filing that the sale was concluded.
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