Quadriga Is Said to Weigh Options for LR Health & Beauty (1)

Quadriga Capital is weighing a sale or initial public offering of LR Health & Beauty Systems, which could be valued at around 500 million euros ($590 million), people familiar with the matter said.

The private equity firm is being advised by Macquarie Group Ltd., the people said, asking not to be identified discussing confidential information. Quadriga has appointed Berenberg and Jefferies Financial Group Inc. as global coordinators for any IPO, one of the people said.

The German direct sales company, which manufactures and sells cosmetics and nutrition products, could attract private equity buyers if it decides to pursue ...