KKR has signed definitive agreements to acquire Japanese beauty and lifestyle brand platform Ci FLAVORS Co., Ltd. from its existing shareholders, including consumer investment firm L Catterton, founder Yusaku Horiuchi, eBeauty Group, and Yanagi Capital Partners. Yusaku Horiuchi and CEO Yoshiaki Okura will both be investing alongside KKR in the transaction. Founded in 2011, Ci FLAVORS operates a diverse personal care portfolio, including popular haircare and skincare brands such as &honey, 8 THE THALASSO, unlabel, THERATIS, and MOROCCAN BEAUTY, spanning D2C, OEM manufacturing, retail, and global supply chains. KKR is executing the investment through its flagship Asia Pacific private equity strategy to accelerate the company's domestic footprint and expanding overseas presence across Asia and North America. Financial terms were not disclosed.
KKR & Co. Inc.KKR acquires Ci FLAVORS, expanding its Asia Pacific private equity portfolio.
Ci FLAVORS is acquired by KKR, providing capital and growth support.
L Catterton is selling its stake, but impact on its value is unclear.
