KKR To Acquire Ci FLAVORS From L Catterton And Other Shareholders To Accelerate Global Beauty Expansion
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KKR has agreed to acquire Japanese beauty and lifestyle platform Ci FLAVORS from all existing shareholders, including founder Yusaku Horiuchi, L Catterton, eBeauty Group, and Yanagi Capital Partners. Horiuchi and Ci FLAVORS Representative Director and CEO Yoshiaki Okura will reinvest alongside KKR, maintaining ownership exposure following the transaction. Ci FLAVORS traces its roots to 2011 and has developed into a multi-brand platform spanning haircare, skincare, body care and lifestyle products. Its portfolio includes &honey, 8 THE THALASSO, unlabel, THERATIS and MOROCCAN BEAUTY. The company's operating model spans brand sales, original equipment manufacturing, direct-to-consumer ecommerce, department store retail and international ingredient and materials procurement. Ci FLAVORS has established a significant position in Japan's haircare market, particularly across shampoo and hair treatment products. The company has also increased international sales across markets including Asia and North America. KKR plans to support further expansion in Japan and internationally using its consumer-sector network and operational resources. Ci FLAVORS also expects to pursue additional category expansion, strengthen its talent and organizational capabilities and explore strategic M&A. The acquisition follows several years of ownership by L Catterton and other investors. L Catterton...
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