Freshfields Bruckhaus Deringer and Baker McKenzie are among the raft of firms advising on a Spanish fragrance and fashion company’s acquisition of a majority stake in British skincare and makeup company Charlotte Tilbury.

Barcelona-based fashion and fragrance company Puig has acquired a majority stake in British luxury makeup and skincare brand Charlotte Tilbury. Merchant bank BDT CapitalPartners is investing alongside Puig, taking a minority interest.