KKR to Acquire Ci FLAVORS From L Catterton and Other Shareholders

August 25, 2026

KKR has agreed to acquire Japan-based beauty and lifestyle platform Ci FLAVORS from all existing shareholders, including founder Yusaku Horiuchi, L Catterton, eBeauty Group, and Yanagi Capital Partners. The deal is intended to accelerate Ci FLAVORS’ expansion in Japan and internationally, with support from KKR’s consumer-sector network and operational resources.

Buyers
KKR
Targets
Ci FLAVORS
Sellers
Yusaku Horiuchi, L Catterton, eBeauty Group, Yanagi Capital Partners
Location
Tokyo, Japan
Transaction Type
Buyout

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