Announced
Financials
Tags
Private
Single Bidder
personal care
Cross Border
Friendly
Indonesia
Acquisition
Pending
beauty products
Private Equity
Cosmetics
Majority
Synopsis
L Catterton, the largest global consumer-focused private equity firm, agreed to invest in Social Bella International, a beauty and personal care e-commerce player in Indonesia. Financial terms were not disclosed. "The beauty and personal care category continues to see increasing penetration around the region with innovative players like Sociolla providing consumers with greater options, premium products, and improved accessibility both online and offline," Yock Siong Tee, L Catterton Principal.
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