PARIS — Famille C Participations, the Courtin family’s holding company, has taken a majority stake in Pai Skincare to assist step up the brand’s growth and switch it into selective distribution’s clean skincare leader.
In April 2021, Famille C Participations purchased a minority stake in Pai, leading its $9 million Series B investment round.
Financial terms of essentially the most recent investment weren't disclosed.
“It’s time for Pai to speed up in its country of origin, which is the U.K., and to develop in Europe,” said Prisca Courtin, chief executive officer of Famille C Participations. She is a member of the Courtin family, which founded and owns beauty giant Groupe Clarins.
Sarah Brown established Pai Skincare, which is certified organic, vegan and cruelty-free, in...
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