Aekyung Industrial

Private Equity
PORTFOLIO

Industry : Household goods / Cosmetics

Investment Year : 2017
Investment Type : Pre IPO

Aekyung Industrial was successfully listed on KOSPI and began to be traded on March 22, 2018.

Aekyung Industrial is Korea’s Top 3 household goods company, following LG H&H and Amorepacific. Aekyung Industrial produces and sells all 5 major categories of household goods and has at least 3 brands for each category.

Aekyung Industrial’s cosmetics division, which has shown a dramatic increase in sales for the past few years, is mainly led by two color brands called ‘Age 20’s’ and ‘LUNA’. Since 2016, Aekyung Industrial has expanded its sales channel, which solely relied on home shopping, to other offline channels such as duty-free shop, department store, and Chinese online channels.

Stonebridge-Highland Healthcare PEF and Shinyoung-SKS 2017 Co-Investment PEF created a SPC(“Indiana L.L.C.”) by contributing KRW 41bn and KRW 20bnm, respectively,  and SPC acquired 10% stake of Aekyung Industrial from Aekyung at KRW 61bn on November 1, 2017. Aekyung Industrial was successfully listed on KOSPI and began to be traded on March 22, 2018.