Announced
Financials
Tags
Hong Kong
Private Equity
beauty products
Private
Acquisition
Friendly
cosmetics
Majority
Single Bidder
Cosmetics
Pending
Synopsis
Asian private equity firm ShawKwei & Partners agreed to invest in International Cosmetic Suppliers, a provider of cosmetic, beauty and skin care packaging headquartered in Hong Kong. Financial terms were not disclosed. "Over the last 30 years, Sue has built ICS into a highly respected cosmetic packaging supplier supporting many of today’s global brands. We will be working with Sue to pursue strategic acquisitions in Asia, US and Europe to increase the depth and breadth of ICS’ already extensive capabilities and customer offerings," Kyle Shaw, ShawKwei Founder.
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