Aekyung Industrial Acquires Skincare Cosmetics Company 'One Thing'

Products of 'One Thing'.

[Asia Economy Reporter Moon Hyewon] Aekyung Industrial announced on the 16th that it has signed a contract to acquire 70% of the shares of the skincare cosmetics company ‘ONE THING’ for 14 billion KRW.

According to Aekyung Industrial, ONE THING is a skincare-based cosmetics company with a brand philosophy that focuses on the core ingredients of cosmetics, maximizing the content of good ingredients while excluding unnecessary price-increasing factors to provide value to customers. It has grown based on digital channels and possesses digital capabilities. In particular, it has entered digital platforms in Japan, China, the United States, and Southeast Asia, showing high sales growth, which Aekyung Industrial judges to have high growth potential.

ONE THING’s main products are skin toner products focused on core cosmetic ingredients such as Centella Asiatica, Houttuynia Cordata, and Artemisia Capillaris extracts. Recently, it has expanded its category centered on skincare by launching essence serums and sunscreens.

Aekyung Industrial plans to strengthen its cosmetics business portfolio through the acquisition of ONE THING, while securing digital competitiveness and promoting diversification in the global market.

This content was produced with the assistance of AI translation services.