Frank­furt a. M. — Dr. Barbara Sturm has sold a majo­rity stake in Barbara Sturm Mole­cu­lar Cosme­tics GmbH to the Spanish cosme­tics company Puig. Gibson, Dunn & Crut­cher LLP advi­sed Barbara Sturm on this transaction.

The Spanish cosme­tics giant Puig has acqui­red a substan­tial majo­rity stake in the Dr. Barbara Sturm brand. The price remains confi­den­tial, but is likely to be in the seven-figure range. “We are very proud to welcome a brand of the cali­ber of Dr. Barbara Sturm to our house for ‘Love­brands’,” CEO Marc Puig is quoted as saying. Her “Glow Drops” are a real best­sel­ler. The Düssel­­dorf-based company, which will retain a mino­rity stake, will remain as the respon­si­ble product deve­lo­per and brand face.

The Gibson Dunn corpo­rate team, led by New York part­ner Andrew M. Herman and Munich part­ner Dr. Ferdi­nand From­hol­zer, included Munich part­ners Sonja Rutt­mann and Dr. Markus Nauheim, as well as Munich asso­cia­tes Dr. Marcus Geiss, Maxi­mi­lian Schnie­wind and Johan­nes Reul. Munich part­ner Kai Gesing advi­sed on IP and anti­trust issues, supported by Munich asso­cia­tes Chris­toph Jacob and Yannick Ober­acker on IP and Frank­furt asso­ciate Jan Voll­kam­mer on anti­trust law. In Frank­furt, coun­sel Alex­an­der Klein advi­sed on finan­cing aspects. London part­ner James Cox advi­sed on employ­ment law issues.

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