Affinity buys majority stake in Korean food container maker
Affinity Equity Partners has agreed to acquire a majority stake in Lock & Lock, a South Korean manufacturer of airtight food containers and kitchen household goods for KRW629.3 billion ($562 million).
The deal comes from Affinity’s fourth pan-regional fund, which closed at $3.8 billion in 2014. The private equity firm recently launched its fifth vehicle, which has a target of $5 billion, according...
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