CP Group and CTBC-backed Yanagi Capital Partners to acquire a minority stake in Ci Flavors.

CP Group and CTBC-backed Yanagi Capital Partners, a newly formed private equity fund manager focused on supporting Japanese consumer companies in accessing new markets and growing their international revenues, agreed to acquire a minority stake in Ci Flavors, a Japanese holding company and "brand platformer" that focuses on creating and scaling innovative beauty and personal care brands, especially in the haircare and skincare sectors. Financial terms are not disclosed. "We are truly honored that Yanagi Capital Partners has chosen us as its first investment. By fully leveraging the resources of CP Group, one of Asia’s leading conglomerates, and CTBC, one of Asia’s foremost financial institutions, we will continue to dedicate ourselves to realizing Ci FLAVORS’ vision of becoming one of the world’s leading beauty groups originating from Japan," Yoshiaki Okura, Ci FLAVORS Representative Director & CEO.