M&A Deal Summary

LG Household & Health Care Acquires The FaceShop

On November 25, 2009, LG Household & Health Care acquired consumer products company The FaceShop from Affinity Equity Partners for 364M USD

Acquisition Highlights
  • This is LG Household & Health Care’s 2nd transaction in the Consumer Products sector.
  • This is LG Household & Health Care’s largest (disclosed) transaction.
  • This is LG Household & Health Care’s 2nd transaction in South Korea.

M&A Deal Summary

Date 2009-11-25
Target The FaceShop
Sector Consumer Products
Buyer(s) LG Household & Health Care
Sellers(s) Affinity Equity Partners
Deal Type Add-on Acquisition
Deal Value 364M USD

Target

The FaceShop

Seoul, South Korea
website
The FaceShop Korea is a Cosmetic company in Korea,its develops, manufactures, and sells cosmetic products in the United States, Japan, Taiwan, Hong Kong, Singapore, Canada, and Jordan.

Search 192,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

LG Household & Health Care

Seoul, South Korea

website


Category Company
Founded 1947
Sector Consumer Products
Revenue 8,091.5B KRW (2021)
DESCRIPTION

LG Household & Health Care manufactures and sells households goods, cosmetics, and beverages primarily in Korea. LG Household & Health Care was founded in 1947 and is based in Seoul, South Korea.


DEAL STATS #
Overall 2 of 5
Sector (Consumer Products) 2 of 5
Type (Add-on Acquisition) 2 of 5
Country (South Korea) 2 of 2
Year (2009) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-24 The Face Shop

Seoul, South Korea

The Face Shop is a manufacturer of cosmetic products that are made using natural ingredients, and include body wash, shampoo, lotion, make-up, shaving creams, sunscreen, and more, enabling customers to access a large variety of natural skincare products. The Face Shop was founded in 1984 and is based in Seoul, South Korea.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-25 Avon Products

Tokyo, Japan

Avon Products is a global manufacturer and marketer of beauty and related products. Its products fall into three product categories: beauty, fashion, and home. Beauty consists of color cosmetics, fragrances, skincare, and personal care.

Buy -

Seller(S) 1

SELLER

Affinity Equity Partners

Hong Kong, China

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2004
PE ASSETS 14.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Affinity Equity Partners is an independent private equity firm focused on traditional buyout and control oriented investments across Asia-Pacific valued up to US$1 billion. Sectors of interest include businesses in consumer-related goods and services, value-added manufacturing, healthcare, financial services and business services. Affinity prefers companies with an established track record as well as proven, consistent earning power and cash flow generating ability. Affinity will not consider investments in real estate, biotechnology, tobacco, oil and gas exploration, and weaponry development and sales. Affinity Equity Partners was spun out of UBS Capital Asia Pacific in 2004 and is headquartered in Hong Kong.


DEAL STATS #
Overall 6 of 22
Sector (Consumer Products) 2 of 2
Type (Add-on Acquisition) 6 of 14
Country (South Korea) 4 of 10
Year (2009) 3 of 3
Size (of disclosed) 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-24 The Face Shop

Seoul, South Korea

The Face Shop is a manufacturer of cosmetic products that are made using natural ingredients, and include body wash, shampoo, lotion, make-up, shaving creams, sunscreen, and more, enabling customers to access a large variety of natural skincare products. The Face Shop was founded in 1984 and is based in Seoul, South Korea.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-06 Loscam

Box Hill Victoria, Australia

LOSCAM provides returnable packaging solutions and equipment used to store and move products through supply chains. We have built our reputation by providing outstanding customer service, innovative products and tailored solutions to our customers.

Sell $650M