【毛戈平(1318.HK)】与路威凯腾达成战略合作,进一步迈向全球化——与路威凯腾达成战略合作框架协议点评(姜浩/朱洁宇/孙未未)
光大证券研究·2026-01-08 23:04

Core Viewpoint - 毛戈平 has signed a strategic cooperation framework agreement with L Catterton, aiming to enhance global market expansion, acquisitions, strategic investments, capital structure optimization, talent introduction, and governance [4]. Group 1: Strategic Cooperation - The agreement will leverage L Catterton's global investment network to assist 毛戈平 in expanding its high-end retail channels overseas [4]. - Both parties plan to establish a private equity investment fund focused on the global high-end beauty sector, injecting new momentum into 毛戈平's long-term development [4]. - Collaboration will also occur in optimizing capital structure, talent acquisition, and governance [4]. Group 2: L Catterton's Investment Expertise - L Catterton manages approximately $39 billion in equity capital across private equity, credit, and real estate platforms, with extensive experience in the beauty and personal care brand sectors [5]. - The firm has invested in over 300 globally recognized consumer brands, with individual investments ranging from $5 million to $5 billion [5]. - L Catterton has a global presence with 18 offices and over 200 investment and operational experts, continuously creating differentiated value for its portfolio [5].