Avon
January 2, 2026

SAO PAULO, Brazil -- January 2, 2026

Natura Cosmeticos said it has completed the sale of its stake in Natura &Co UK Holdings Limited, the holding company of the Avon International business, to Regent LP. The transaction closed on December 31, 2025. When it announced the binding agreement in September, Natura had said it expected the required regulatory approvals in the first quarter of 2026.

The sale covers Avon's operations in Europe, Africa and Asia. It does not include the Avon business in Russia or the Avon brand and operations in Latin America, and Natura said the Avon brand for Latin America, including related economic rights and intellectual property, remains with the company. Under the terms announced in September, Natura received a nominal 1 pound at closing plus rights to earn-outs and other contingent payments capped at 60 million pounds.

Natura said it granted no additional loans to Avon International during the fourth quarter, but it reaffirmed its agreement to provide the business a secured credit facility of up to 25 million dollars with a five-year maturity, which can be drawn until December 31, 2026, subject to conditions. The company called the closing a key milestone in its effort to streamline operations and focus on its core business in Latin America.

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