L Catterton, the private equity firm co-founded by luxury goods producer LVMH, committed $200m yesterday to US-based consumer products maker Honest Company.
The transaction is expected to close later this month following customary closing conditions.
Founded in 2012, Honest Company produces and sells household products that avoid health-compromising chemicals or compounds. The company also puts an emphasis on ethical consumerism.
The funding will accelerate the company’s innovation initiatives and help bolster its supply chain and global reach. It will also…
