Courtin-Clarins Family to Acquire Clean Makeup Brand Ilia

Famille C, the Courtin-Clarins family’s private investment fund, has signed a contract to purchase the American beauty brand, which recorded sales of $100 million in 2021, for an undisclosed sum. The transaction is expected to be approved in the first half of 2022 and will give Famille C-owned cosmetics company Clarins a minority share in Ilia’s capital. Ilia founder Sasha Plasvic and chief executive Lynda Berkowitz will continue to lead the business and retain a minority share.

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