NEW YORK — Eurazeo entered into exclusive discussions with Partners Group to potentially sell its stake in Aroma-Zone and reinvest in the French natural beauty retailer and brand. Aroma-Zone has been backed by Eurazeo since 2021, when it invested around 410 million euros, making it the company’s main shareholder. At the time, industry sources estimated that Aroma-Zone made about 100 million euros of sales annually. Then, Eurazeo Capital IV and its affiliates would reinvest with Partners Group, which would then own a majority stake in the business. The portfolio includes skin care, hair care, body care and nutrition.