KKR acquires Japanese magnificence and life-style group Ci Flavors

Global funding agency KKR has agreed to amass main Japanese cosmetics group Ci Flavors from all current shareholders, together with Ci Flavors founder Yusaku Horiuchi, L Catterton, eBeauty Group, and Yanagi Capital Partners. Yusaku Horiuchi and Representative Director and CEO Yoshiaki Okura will each be investing alongside KKR within the transaction.

With roots courting again to 2011, Ci Flavors has grown into one in all Japan’s main magnificence and life-style model platforms, providing merchandise throughout haircare, skincare, physique care and life-style classes. Its portfolio contains manufacturers resembling &honey, 8 The Thalasso, Ahalo Honey, Amina Mason, unlabel, Sola Weather Care, Theratis, and Moroccan Beauty, amongst others. Its operations span model gross sales, OEM manufacturing, D2C and e-commerce channels, straight managed division retailer retail, and world ingredient and supplies procurement. Ci Flavors has a longtime presence in Japan’s haircare market, significantly in shampoo and hair remedy merchandise, and has recorded progress in abroad gross sales, together with in Asia and North America.

“Ci Flavors has built a differentiated position in Japan’s beauty market through its consumer-focused product development capabilities and diversified portfolio of brands. We look forward to working closely with the management team and leveraging KKR’s global network in the consumer sector, operational expertise, and investment experience to support the company’s continued growth in Japan and further expansion across international markets,” commented Eiji Yatagawa, Partner and Head of Japan Private Equity at KKR.