Sex-Toy Maker LELO Is Said to Explore Sale Amid Industry Boom - Bloomberg

2022-06-19 01:07:22 By : Ms. Sky Huang

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LELO, the Swedish sex-toy designer, is exploring a sale after the industry experienced a boom during the coronavirus lockdowns, according to people familiar with the matter.

The firm, part owned by Chinese buyout firm Trustar Capital, has attracted takeover interest from corporate suitors as well as private equity funds, said the people, who asked not to be identified because discussions are private.