SEOUL, May 29 (Yonhap) -- Samyang Group said Friday that it has decided to fully take over a Japanese manufacturer of flavors, fragrances and fine chemicals for 390 billion won (US$259 million).
Samyang whose business portfolio ranges from food and chemicals to bio and packaging, said its purchase of Soda Co. will help expand its business lineup.
Founded in 1915, Soda Aromatic has production facilities in five countries, including China and Taiwan, and supplies its products to some 1,000 companies.
This undated file photo, provided by Samyang Group, shows the group's headquarters in Seoul. (PHOTO NOT FOR SALE) (Yonhap)
forwarded from Samyang Group to acquire Japanese chemical firm for 390 bln won | Yonhap News Agency