MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

China’s CDH helps in the growth of Consumer healthcare sector

China’s CDH helps in the growth of Consumer healthcare sector

Consumer healthcare company WOW Tech has recently received investments from Asian private equity (PE) firm CDH Investments. WOW Tech will now improve operations by leveraging on CDH’s network of suppliers and distributors.

The German consumer healthcare company, WOW Tech designs, manufactures and markets intimate health and wellness products. According to CDH, the global intimate health and sensual wellness market has a huge potential for growth. CDH has been proactively looking for a professionally managed, high-quality company in this segment. The reason behind this is the rising popularity of intimate wellness products in Asian markets. Valued at $11.5 billion, the Asia Pacific market for intimate wellness products is growing at an annual compound rate of 6 percent. WOW Tech’s current management and existing investors will now welcome the new members from CDH. WOW Tech’s existing employees will remain with the company in both strategic and operational functions. CDH is said to possess over $19 billion in assets under management across sectors ranging from consumer healthcare, financial services, industrial manufacturing, and real estate.

After securing $1.5 billion in commitments CDH’s sixth US dollar-denominated PE fund was closed late last year. The company has missed its initial target of raising around $2.5 billion.

YOU MAY ALSO LIKE

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

RECOMMENDED