Per Vogue Business, L Catterton (founded in 2016 between Catterton and LVMH) has acquired a minority stake in Maria Nila for an undisclosed sum.
Previous L Catterton investments have included DIBS Beauty and, more recently, Irene Forte Skincare.
Vogue Business notes that the vegan brand, which services the consumer and pro channels, had 2022 turnover of €45 million.