China’s CDH Investments eyes growth in consumer healthcare sector

Commercial buildings including the China Central Television (CCTV) Headquarters, center, stand in the central business district of Beijing. Photographer: Tomohiro Ohsumi/Bloomberg

Asian private equity (PE) firm CDH Investments has picked up a significant stake in consumer healthcare company WOW Tech.

The investment in WOW Tech is understood to have come from CDH’s sixth US dollar-denominated PE fund, which was closed late last year after securing $1.5 billion in commitments. The fundraising haul was lower than an initial target of $2.5 billion.

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