L Catterton Asia merges Seafolly with Maaji

L Catterton Asia has combined its portfolio company Seafolly with Maaji. Financial terms weren’t announced but L Catterton Asia will be the controlling shareholder of the combined business. Founders of both businesses will continue as minority shareholders. Maaji is a Colombian beachwear brand that was co-founded by sisters Manuela and Amalia Sierra. L Catterton Asia is the Asian arm of L Catterton.

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