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Laurent Mercier

Laurent Mercier

Chief Financial Officer, Coty

Appears in 1 story

Notable Quotes

"This transaction marks a pivotal milestone for Coty." — Laurent Mercier, attributed statement

Stories

Coty finally exits Wella—taking $750M now, and betting on one more payday later

Money Moves

Running the deleveraging playbook; prioritizing debt reduction

Coty just sold the last of its Wella stake to KKR for $750 million in cash. It's the cleanest kind of corporate relief: money now, fewer moving parts, and a chance to calm creditors.

Updated Yesterday