Firm Advises Citic Capital on Sale of King Koil China to Advent International

Corporate and IP teams advise on sale of controlling stake in manufacturer and retailer of premium mattresses.

November 04, 2016

Latham & Watkins represented Citic Capital Partners, the private equity arm of CITIC Capital Holdings Limited, on its sale of a controlling stake in King Koil Shanghai Sleep System Co., Ltd (“King Koil China”) to Advent International. King Koil China is a manufacturer and retailer of premium mattresses in China and is the exclusive licensee in China of several international mattress brands such as “King Koil”, “Aireloom” and “Life Balance”.

The Latham & Watkins team was led by corporate partner Frank Sun with associates Julia Dai and Serena Shie in Hong Kong, supported by California-based intellectual property partners Perry Viscounty and Jennifer Barry with associates David Troutman and Allison Blanco.

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