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February 12, 2002
By: TOM BRANNA
Editor
Fox Paine & Company, LLC, a San Francisco-based private equity firm, announced the creation of Cradle Holdings, Inc., a new New York-based cosmetics business entity. The business was formed to acquire and nurture promising and well-established prestige beauty companies using expertise to maximize growth and establish synergies of management and operations, according to executives. The first acquisitions include Erno Laszlo, located New York, and Penhaligon’s in London.Fox Paine &...
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