Apax Funds reach agreement to sell LR Health & Beauty Systems
22 December 2012
Funds advised by Apax Partners ('Apax Funds') have reached an
agreement to sell LR Health & Beauty Systems ('LR') to a
consortium. The consortium consists of private equity firms Bregal
Capital and Quadriga Capital. LR is a strongly growing company,
which markets cosmetics, personal hygiene products, dietary
supplements, perfumes and jewellery through the direct sales
channel.