Zhong Lun Advised on UCO’s MBO
Zhong Lun Advised on UCO’s MBO
Recently, the management team of Hangzhou UCO Cosmetics, Ltd. (“UCO"), a cosmetics e-commerce expert, has partnered with the private equity arm of CITIC Capital to complete the acquisition of 100% equity in UCO from Qingdao KingKing Applied Chemistry Co., Ltd (SZ:002094), for the total consideration of RMB1.4 billion.
Zhong Lun Law Firm acted as the legal counsel to UCO’s management team in this transaction. The legal team from Zhong Lun was led by Anthony Zhao and Sammy Hsia, and included Jane Li, Jason Zhu, Linzhu Zhang and Bernie Feng; meanwhile, Carol Zhu, Ryan Chen and Lily Sun handled the legal matters in relation to labor law.