Companies news
LPA Hong Kong advised Altavia Group on its acquisition of ielo design
LPA Hong Kong advised Altavia Group, a leading independent and international marketing communication group in the retail sector, on its acquisition of Singapore-based ielo design, a leading agency specializing in retail design and brand communication.
Founded in 1983 in France, Altavia provides creative and technological commercial activation solutions specifically tailored to the needs of the retail sector. At the forefront of market innovation, Altavia improves the sustainable performance of more than 1,000 retailers and retail brands in 45 countries every day. Altavia has 2,800 employees and achieved a turnover of 709 millions euros in 2023.
Founded in 2014 in Singapore, ielo design combines strategy and creativity to craft memorable customer experiences through a full suite of services, from customer analysis and creative concept development to interior design and space planning. With a multicultural team fluent in eight languages and projects spanning over 30 countries, ielo design is a key player in both retail and travel retail, working with global brands.
Through this strategic acquisition, Altavia strengthens its presence in Southeast Asia and the reach of its Travel Retail division. In addition to its offices in the UK, Dubai and China, Altavia Travel Retail accelerates its development in Southeast Asia with a highly experienced and skilled Singapore based hub.
The LPA Hong Kong team, led by Nicolas Vanderchmitt (partner) and assisted by Marie-Gabrielle du Bourblanc and Camilla Venanzi, supported Altavia throughout the acquisition process until its successful finalization.
