Hong Kong-based multinational Li & Fung Limited, a global consumer goods exporter, has announced its acquisition of the Hong Kong-based Jackel Group, which supplies the beauty industry with primary packaging, fragrance and personal care solutions. According to Li & Fung, this addition will enhance its existing health, beauty and cosmetics (HBC) business, and dramatically strengthen its HBC platform as it continues to grow in this segment. Li & Fung has signed seven deals in the last few months related to the HBC sector, jeanswear, and U.S. onshore businesses respectively, as well as four licensing deals.