[Alpha Biz= Paul Lee] Seoul – Global private equity firm Kohlberg Kravis Roberts & Co. (KKR) announced on September 4 that it has completed the acquisition of Samhwa, a leading cosmetics packaging manufacturer in South Korea.
KKR invested approximately KRW 733 billion (USD 528 million) to acquire the full stake in Samhwa from its previous majority shareholder, TPG Capital Asia.
Founded in 1977 as a mold development and manufacturing company, Samhwa has since evolved into a premier provider of integrated packaging solutions for the premium cosmetics sector. Today, the company supplies products to more than 300 cosmetics brands, including major domestic independents and global luxury houses.
With South Korea now ranking alongside France and the United States as one of the world’s top three cosmetics exporters, Samhwa’s competitive edge has become increasingly prominent. The company is recognized as one of Asia’s leading cosmetics packaging producers and ranks among the global top 10 in the sector.
Samhwa is particularly known for its airtight cushion compacts and airless pump technologies, supported by a dedicated research and development (R&D) center that enables customized product design. The company also offers end-to-end solutions covering product development, manufacturing, assembly, inspection, and logistics.
알파경제 Paul Lee 특파원(hoondork1977@alphabiz.co.kr)
