ATOZ advises the minority shareholders of Nuxe Group in the sale of their 45.13% stake to Belgian holding company Sofina

Luxembourg, 22 October 2019

 

ATOZ advised a part of the family shareholding, co-founder of the Nuxe Group, French leading brand and pioneer in natural cosmetics, within the context of the sale of the entirety of their 45.13% stake to the Belgian holding company Sofina. Team members on this transaction included Jamal Afakir and Christophe Darche.

 

About Nuxe

Arising from the family purchase of a Parisian cosmetics laboratory in 1988, the Nuxe brand has become a French success story over the past 30 years which has gone global due to a unique positioning and products such as the iconic Huile Prodigieuse

About Sofina

Sofina, a Belgian family holding company listed on the Brussels stock exchange, makes long-term minority investments mainly in the sectors of consumer products and services, digital transformation, education, and health care. 

 

Notes to editors:

ATOZ is a high-end independent advisory firm based in Luxembourg offering a comprehensive and integrated range of tax and corporate finance services. We advise on and deliver solutions for sophisticated local and global professional clients. With over 150 highly skilled professionals, our team has in depth experience of serving very demanding businesses and institutional clients in need of tailor made advice. ATOZ is the Luxembourg member of Taxand. Taxand focuses on delivering high quality, integrated tax advice, free from time consuming audit conflicts. Taxand advisers work together to deliver global tax services for clients.

Press Contact: Chantal Englert, Senior Officer - Marketing Coordinator, +352 26 940 916, chantal.englert@atoz.lu