- Bonomi’s Investindustrial through to second-round bidding
- Body Shop owner L’Oréal hopes to get £850m for the famous retailer
Billionaire Andrea Bonomi, the investor who backs legendary car marque Aston Martin, is among the group of final bidders for The Body Shop.
The Body Shop’s owner L’Oréal, which put the retailer up for sale earlier this year with a price tag of about £850m, has included Bonomi’s Investindustrial among second-round bidders, City AM reported.
Other investors that have been linked to interest in The Body Shop include private-equity giant CVC Capital Partners, South Korean player CJ Group, and Advent International, which previously owned sofas specialist DFS.
Bonomi paid £150m for a 37.5 per cent stake in Aston Martin in 2012, and his fund previously owned Italian bike-maker Ducati.
The Body Shop operates 3,000 stores in 66 countries.