HLD and Filorga Acquire the Lazartigue Group

June 14, 2018

The Paris office represented HLD and Filorga on the acquisition of the Lazartigue Group, an independent manufacturer of high-end haircare products.

The Paris office recently advised HLD and Filorga on the acquisition of the Lazartigue Group, an independent manufacturer of high-end haircare products. The group was facing significant financial difficulties in 2017 and filed for bankruptcy (redressement judiciaire) in September 2017.

HLD, a French investment group founded by Jean-Bernard Lafonta and aesthetic medicine specialist Filorga reached an agreement with the founders and historic shareholders of Lazartigue Group for the acquisition. The acquisition was made pursuant to a continuation plan, providing for the repayment of the group’s outstanding indebtedness and significant investment to support its turnaround, while enabling the preservation of all jobs.

The Willkie team was led by partner Lionel Spizzichino and included associate Batiste Saint-Guily.