Groupe Marcelle acquires Lise Watier Cosmétiques

February 18, 2016

On February 18, 2016, Groupe Marcelle Inc. completed the acquisition of Lise Watier Cosmétiques, restoring the company to Québec-based ownership.

With this acquisition, Groupe Marcelle has become the largest Canadian owned company in the beauty care products industry, carrying the brands Marcelle, Lise Watier, Annabelle and CW Breggs and Sons.

Miller Thomson advised Groupe Marcelle on all aspects of this transaction including the related debt financing and the investment of $18 million by the Caisse de dépôt et placement du Québec in Groupe Marcelle.

The Miller Thomson team was led by Andrew Cohen and included Philipp Park, Julien Morier, Louis-Philippe Borduas and Éloïse Gagné (corporate/M&A); Marco Rodrigues, Francis Trifiro, Elleni Tsatoumas and Eve Tessier (banking); Amal Garzouzi (employment); and Troy McEachren and Andrew Etcovitch (trusts and tax); assisted by Freddy Orlando, Jen Deruchie, Mauricio Pena and Isabella Covino.