×
329
Fashion Jobs
CARS24
Sales Manager - Kochi,Coimbatore
Permanent · Kochi
SAHAJANAND MEDICAL TECHNOLOGIES
Area Sales Manager
Permanent · Chandigarh
ON TIME SOLUTIONS
Mnc Plastic Industry is Hiring Production Manager (Plastic)
Permanent · Bengaluru
HALONIX TECHNOLOGIES
Area Sales Manager/Territory Manager - Institutional Sales
Permanent · Dehradun
GOKALDAS EXPORTS
Manager - Warehouse (Apparel / Garment Background)
Permanent · Bengaluru
ADIDAS
Director - Finance fp&a Fsf
Permanent · CHENNAI
ADIDAS
Manager Digital Analytics - Product
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant
Permanent · GURUGRAM
RJCUBE STAFFING SOLUTIONS
Production Manager - Upholstery (Leather & Fabrics) For Greater Noida
Permanent · Greater Noida
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments-Woven/Knits For Garments Buying House, Noida
Permanent · Noida
NIKE
Information Security Risk Analyst (Grc) – Cis
Permanent · Bengaluru
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments (Jersey, Etc) For Garments Buying House, Noida
Permanent · Noida
ZEN TECHNO ENGINEERING PVT LTD.
Production Manager
Permanent · Pune
ADIDAS
Manager Buying & Planning Operations
Permanent · GURUGRAM
ADIDAS
Product Owner Data Foundations
Permanent · GURUGRAM
ADIDAS
Senior Product Owner
Permanent · GURUGRAM
ADIDAS
Product Owner
Permanent · GURUGRAM
CROCS
Associate Demand Planner
Permanent ·
CROCS
HR Manager
Permanent ·
BRIDGING TALENTS
Quality Control Manager ii Retail Fashion Brand ii Jaipur / Bangalore
Permanent · Bengaluru
ALLEGIS GROUP
Opening For Sales Manager - Chennai & Kolkata
Permanent · Chennai
IDFC FIRST BANK
Opening For Area Sales Manager - Corporate Salary Mumbai
Permanent · Mumbai
By
Reuters
Published
Jun 23, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Japan private equity to sell Kracie stake

By
Reuters
Published
Jun 23, 2009

By Junko Fujita

TOKYO, June 23 (Reuters) - Japanese private equity firms Advantage Partners, Unison Capital and MKS Partners will sell a 60 percent stake in Kracie Holdings to hair-colouring products maker Hoyu Co, a source with knowledge of the matter said.


Naive toiletries, a Kracie Holdings company

The Nikkei business daily estimated the deal would be worth about 25 billion yen ($261 million), including debt.

Kracie is a maker of food, toiletries and drugs spun off from Kanebo, a cosmetics and household goods giant that was delisted due to accounting fraud and then acquired by a state-backed bailout firm in 2004.

Advantage Partners, Unison Capital and MKS Partners bought a 100 percent stake in Kracie for about 43 billion yen from the bailout firm in 2006.

The funds, through an investment vehicle called Trinity Investment Co, plan to hold on to 40 percent of Kracie, the source told Reuters, speaking on condition of anonymity because the deal has not been made public.

A spokesman for Trinity nothing has been decided.

Kao Corp (4452.T), Japan's largest maker of toiletries, bought Kanebo's cosmetics division.

Of the three private equity firms, MKS Partners has been hit by the financial crisis, prompting it to stop new investments and focus on selling its portfolio, a person familiar with the matter told Reuters in November. (Additional reporting by Nathan Layne)

© Thomson Reuters 2023 All rights reserved.