Kolmar BNH to Acquire Additional Shares in Subsidiary Kolmar Orals for 20 Billion Won
Full Ownership at 100% Equity
Kolmar BNH announced on August 12 that it will acquire an additional 2 million shares in its oral care ODM·OEM manufacturing and sales subsidiary, Kolmar Orals, for 20 billion won.
Following the acquisition, Kolmar BNH's equity stake in Kolmar Orals will become 100%. The scheduled date of share acquisition is September 1.
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Kolmar BNH stated that the purpose of this share acquisition is "to take over the toothpaste business from Kolmar Korea and to secure funds for new business operations."
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