Li & Fung Acquires Lornamead
Li & Fung has acquired Lornamead Acquisitions, owner of a portfolio of U.S., German and U.K. personal care brands such as Finesse, Aqua Net and Yardley.
April 6, 2018
1 Min Read
Li & Fung has acquired Lornamead Acquisitions, owner of a portfolio of U.S., German and U.K. personal care brands such as Finesse, Aqua Net, Yardley and Lypsyl, for $190 million.
The deal excludes the Yardley business outside the U.S. The acquisition is expected to strengthen Li & Fung’s growing global businesses in health, beauty and cosmetics.
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