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Acquire majority stake in Carver Korea.
July 20, 2016
By: Christine Esposito
Editor-in-Chief
Bain Capital Private Equity and Goldman Sachs have agreed to acquire a majority stake in Korea beauty company Carver Korea. Carver’s founder and chairman Lee Sang-rok will continue to hold a minority stake in the company and participate in day-to-day management. Founded in 1999 as a specialty cosmetics supplier to aesthetic salons, Carver’s portfolio of beauty brands includes its flagship skincare line A.H.C (Aesthetic Hydration Cosmetics) as well as Shara, and Vivito. All told, the company...
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