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Provider: Thomson Reuters Stock Report
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Provider: Reuters Investment Profile

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Li & Fung Ltd Acquires Lornamead Acquisitions Ltd. For USD190 Million-DJ

Tuesday, 15 Jan 2013 05:07am EST 

Dow Jones reported that Li & Fung Ltd has bought Lornamead Acquisitions Ltd., a personal care brands marketer, for USD190 million, in its latest effort to expand beyond its core sourcing business. Lornamead owns and manages over 20 U.S., German and U.K. personal care brands, such as Finesse, Aqua Net, Yardley and Lypsyl.