Citic Capital buys stake in Chinese mattress maker

Citic Capital Partners has acquired a controlling stake in Chinese mattress maker and retailer King Koil Shanghai Sleep System.

Alison Tudor-Ackroyd

August 18, 2014

Private equity firm Citic Capital Partners said on Monday it has acquired a controlling stake in Chinese mattress maker and retailer King Koil Shanghai Sleep System.

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#private equity
#acquisitions
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#consumer