Press Release
February 2, 2023

LionRock Capital Closes Sale of Clarks Investment to Viva China

The Hong Kong Private Equity team advised LionRock Capital in the completion of the sale of its remaining indirect stake in Clarks, a British-based international shoe manufacturer and retailer, to Viva China Holdings Limited.

Goodwin previously advised LionRock Capital on its acquisition of a majority stake in Clarks.

LionRock Capital is a private equity firm with offices in Zurich, Hong Kong, and Shanghai, which seeks to partner with leading global consumer brands with an emphasis on China expansion.

The Goodwin team was led by Doug Freeman and included Edwin Chan, Ingram Cheung, and Billy Chong.

For additional details on the sale, please read the press release.