KKR Buys Samhwa: Beauty Investment in South Korea

KKR bets big on beauty! The U.S. investment giant just dropped $528 million to acquire Samhwa, a South Korean cosmetics packaging powerhouse supplying L'Oréal, Chanel, and more. Fresh off TPG's ownership, Samhwa aims to leverage KKR's global network to expand its reach in the booming K-beauty market. This move signals continued investor confidence in South Korea's beauty industry and KKR's growing presence in the Korean market. Hosted on Acast. See acast.com/privacy for more information.