PE firm ShawKwei invests in Hong Kong-based cosmetics packaging firm

Asia-focused private equity firm ShawKwei & Partners has invested an undisclosed sum in Hong Kong-based makeup and skincare packaging firm International Cosmetic Suppliers Ltd (ICS), according to an announcement.

Kyle Shaw, the founder of ShawKwei, said the investment firm will work with ICS to help it pursue strategic acquisitions in Asia, the US and Europe, and to further expand its business.

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