Wednesday, June 13, 2012
Unitas takes $162 million stake in South Korea apparel firm
HONG KONG - Asia private equity fund Unitas Capital said on Wednesday it will invest $162.4 million on a significant minority stake in South Korea's NEPA Company Ltd, placing a bet on booming growth in the world's second-largest outdoor apparel and equipment market. Photo: Nepa CompanyKorea's outdoor industry achieves annual retail turnover of$3.1 billion, and is growing at 19.1 percent a year. Privately-held NEPA, which designs outdoor apparel and equipment and distributes it through 300
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