Walter Baden congratulates ShawKwei & Partners on the acquisition of all the shares in Rauxel, a leading Australian beauty and healthcare company specialising in the formulation and manufacture of beauty and healthcare products.  Rauxel now forms part of ShawKwei & Partners’ existing portfolio company, ICONS Beauty Group, a cosmetic and beauty group delivering innovative and sustainable product solutions to its customers. ShawKwei & Partners is a private equity group with offices in Hong Kong, Singapore, Shanghai and San Francisco and investments across Asia, Europe, the USA and now Australia. The Walter Baden team of Steven Humphries and Kien Ng led legal due diligence, deal negotiation and closing.