KKR

Retail Asia31/05/2022

Neso Brands, a subsidiary of eyewear manufacturer Lenskart, has raised $100 million in a seed funding round, which will enable the firm to create a house of brands catering to the global market. The company did not divulge the details of the investors involved. However, Lenskart, which owns Singapore-headquarted Neso, has earlier raised large sums […]

Retail Asia10/01/2019

Private Equity firm KKR has taken up a “significant stake” in massage chair and lifestyle products group V3, the owner of the OSIM and TWG Tea brands. KKR’s investment is up to S$500 million in V3, valuing V3 at an enterprise value of about S$1.7 billion. However, Both parties declined to comment on the exact mix […]

Retail Asia06/12/2018

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Private equity company KKR is to invest as much as S$500 million (US$366 million) into V3, the parent of cafe chain TWG Tea and massage chair retailer Osim, to fund regional expansion. In a deal which mixes equity and financing, KKR will take an unspecified “significant stake” in V3, which is effectively valued at S$1.7 […]

Retail Asia22/11/2017

KKR & Co-backed Emerald Media led a US$65mil funding round in aCommerce, a Bangkok-based startup that helps brands including Samsung, Unilever and L’Oreal sell their products online across South-East Asia. The four-year-old firm, which already operates in Singapore, Indonesia, Malaysia, Thailand and the Philippines, plans to use part of the proceeds to expand in markets […]

Retail Asia28/10/2016

Nissan Motor Co has decided to sell its entire stake in Japanese auto parts maker Calsonic Kansei Corp to U.S. private equity firm KKR &Co as part of a $3.8 billion takeover, the Nikkei daily reported, without citing its sources. KKR then will try to buy the remaining shares in Calsonic from other shareholders through […]

Retail Asia08/09/2016

To raise funds to cut debt, South Korean apparel retailer E-Land Group is selling a youth clothing brand to China’s V-Grass Fashion Co for nearly US$900 million. South Korea’s largest apparel retailer, E-Land Group says it expects to close the sale of its Teenie Weenie business for around 1 trillion won by year-end. It says […]

Retail Asia06/09/2016

SMCP, the group behind French fashion brands Claudie Pierlot, Maje and Sandro plans to pursue its international expansion, particularly in China, where it will continue to open about 30 shops a year. SMCP president/CEO Daniel Lalonde says the strategy has not changed after majority owner KKR agreed to sell control to China’s Shandong Ruyi in a €1.3 […]

Retail Asia13/04/2016

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Subject to regulatory approvals, Chinese textile and apparel manufacturer Shandong Ruyi Technology Group has acquired a controlling stake in fashion brand parent SMCP. The Chinese company has signed an exclusive agreement along with global investment firm KKR, with the expectation that SMCP’s founders and management will reinvest alongside Shandong Ruyi as minority shareholders, while KKR […]

Retail Asia11/04/2016

A US private equity giant is the successful bidder for South Korean hypermarket chain Kim’s Club, part of the fashion and retail conglomerate E-Land Group. Named the preferred bidder for Kim’s Club, Kohlberg Kravis Roberts (KKR) will now discuss with E-Land the acquisition of the right to run the 37 hypermarkets as well as the […]

Retail Asia07/04/2016

US private equity company KKR & Co tops a growing list of potential investors in Yum! China, the fast food giant’s planned spin-off. Bloomberg has named KKR, Baring Private Equity China and sovereign fund China Investment Corp as potential bidders for cornerstone stakes in the Chinese fast food company which will operate some 9000 franchised […]

Retail Asia09/07/2015

A carve-up of Tesco Asia operations seems increasingly likely with credible reports in three different nations now of serious expressions of interest. While markets await firm news of progress of HSBC’s quest to find a buyer for the Tesco Korea business, the latest news is that Japan’s Aeon has expressed interest in buying Tesco Malaysia, […]

Retail Asia24/06/2015

Tesco’s obvious technique to attract out bidders for its Korean Homeplus operation is already paying off. Whereas personal fairness gamers have been apparently despatched invites to bid, the best way the information of the as but formally unconfirmed sale plan has unfold, has drawn two public declarations of curiosity. One is decidedly mischievous – from […]

Retail Asia29/04/2015

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Private equity investors Anchor Equity Partners and KKR are to take a controlling stake in South Korean mobile eCommerce company Ticket Monster from Groupon. Anchor and KKR, in conjunction with Ticket Monster Korea management, will inject new capital into the company to help fund its future growth opportunities. Anchor and KKR will hold equal stakes […]

Tag: KKR

Neso Brands appoints CEO after $100 million funding round

KKR invests into lifestyle products

KKR to acquire significant stake in V3, TWG Tea

KKR’s Emerald Media leads US$65 million funding in Bangkok startup

Japan’s Nissan to sell parts maker Calsonic Kansei to KKR

E-Land Group sells clothing brand to China

SMCP vows to continue China roll-out

Shandong Ruyi confirms SMCP deal

US buyer for Korea’s Kim’s Club

Private Equity eyes Yum! China

Tesco Asia carve up likely

Tesco Korea technique paying off

US PE cos take control of Ticket Monster Korea