In 2017, Ansell announced the sale of their sexual wellness business to Chinese companies Humanwell Healthcare and CITIC Capital;[1] the acquisition was completed in the same year.
[3] On July 23, 2021, Bloomberg News reported that the owners of Lifestyles Healthcare, led by majority shareholder CITIC Capital, were considering selling the condom and lubricant maker's operations outside of China for about US$500 million.
[4] On September 29, 2022, the Australian newspaper Australian Financial Review reported that the owners of Lifestyles Healthcare, led by majority shareholder CITIC Capital, were in final talks with a US-based Private Equity firm for the sale of the global operation (excluding the Chinese market) for a value of more than US$500 million.
As part of the transaction, the Chinese operations of LifeStyles, including the Jissbon brand, would be separated from the parent company and be retained by the selling shareholders.
[8] In 1996, the company began advertising on television in the United States, where broadcasters had previously been unwilling to air the commercials.