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Unison Capital acquires Gourmet F&B Korea at $13 mn

Collected: 2016.12.06

Distributed: 2016.12.08

Source: Go Direct

Japanese private equity firm Unison Capital, Inc. has acquired Gourmet F&B Korea Co., importer and distributor of quality cheese and butter in South Korea, at around 15 billion won ($12.8 million).

According to the investment banking industry Monday, Unison Capital acquired a 70 percent stake in Gourmet F&B Korea with nearly 20-year-long experience in distribution of European fine foods in the Korean market.

Established in 1998, Gourmet F&B Korea has been sourcing European cheese, butter and other fine foods to Korean customers. Isigny Sainte-Mère butter is one of its import goods that once was sold like hotcakes in Korea amid a high-fat, low-carbohydrate diet boom.

Current management will operate the firm, while Unison Capital is expected to focus to improve the company’s marketing channels and seek new business opportunities.

By Kang Doo-soon

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