LionRock acquires UK shoe brand, targets China expansion
LionRock Capital, an Asian private equity firm that invests in global consumer brands with a China growth angle, has agreed to acquire a majority stake in British shoe brand Clarks.
An investment of GBP100 million ($130 million) is intended to position the company for long-term growth, while LionRock will support global expansion. The Clark family, which has controlled C&J Clark since...
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