SINGAPORE (Dec 4): Private equity firm KKR is investing up to $500 million for a significant stake in V3 Group, the retailer of luxury lifestyle and wellness products in Asia founded by Ron Sim.

Headquartered in Singapore, V3 owns and develops premium products and services through its leading luxury and wellness brands including OSIM, the manufacturer of hi-tech massage chairs, luxury tea brand TWG Tea and ONI Global, the retailer of nutritional supplements.

See: Generation Tea

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