Investcorp said to buy into unit of Indonesia’s Kanmo Group

Investcorp said to buy into unit of Indonesia’s Kanmo Group

Jakarta, Indonesia. Photo by Afif Kusuma on Unsplash

Bahrain-based alternatives firm Investcorp is said to be investing in a division of Indonesian retail giant Kanmo Group, the distributor of consumer brands including Nespresso, Mothercare, and Coach.

DealStreetAsia has learnt that the firm is investing in Kanmo Group’s Kids and Babies business unit, which comprises the Mothercare; Early Learning Centre; The Entertainer; Gingersnaps; Justice; and MoMaMi brands.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter