L Catterton exits Australia’s Seafolly
L Catterton Asia has sold Australian swimwear brand Seafolly to an unidentified Asian strategic buyer in a deal that values the company at AUD 70m (USD 46m).
The transaction was first reported by The Australian Financial Review and has since been confirmed to AVCJ by a source close to the situation. The source added that the sale process will lead to a full...
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