Navis exits Malaysia's Alliance Cosmetics to Japanese strategic
Navis Capital Partners has exited Malaysian cosmetics company Alliance Cosmetic Group, maker of the SilkyGirl brand, to Japanese strategic player Mandom for an undisclosed amount.
Alliance began as a distributor for global brands such as Revlon and Wet n’ Wild in Southeast Asia, and launched SilkyGirl in 2005 when it saw an opportunity to meet the needs of local consumers that...
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