Hair extension manufacturer Racoon International has been bought by its management team with the backing of venture capital company Matrix Private Equity and Barclays Bank.(Brief article)

Cosmetics International, January, 2007

HAIR EXTENSION manufacturer Racoon International has been bought by its management team with the backing of venture capital company Matrix Private Equity and Barclays Bank. New md Eva Proudman said she would be implementing a consumer campaign in 2007 and intended to increase the company's international presence from its current 16 markets.