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CVC to sell FineToday to Bain Capital for $1.29bn

privateequitywire

4 months ago

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Private equity firm CVC Capital Partners has agreed to sell its Japanese personal care portfolio company FineToday to Bain Capital in a transaction valued at approximately JPY200bn ($1.29bn), according to a report by Reuters citing an unnamed source familiar with the matter.
FineToday, headquartered in Tokyo, was created in 2021 when Shiseido carved out its personal care unit and sold it to CVC for JPY160bn. The company manufactures haircare, skincare and deodorant products under brands includin...

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