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Case from journal
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Reference no. JIACS24-04-02
Published by: Allied Business Academies
Originally published in: "Journal of the International Academy for Case Studies", 2018
Length: 10 pages
Data source: Published sources

Abstract

In 2012, Kolmar Korea decided to become a holding company, the first holding company in the Korean cosmetics industry. The market welcomed their restructuring and it was considered to be quite exceptional. Kolmar Korea's decision to change its corporate structure into that of a holding company increased its market capital by 50%, from KRW42 billion to KRW63 billion. The present case study examines the holding company system, the advantages that a manufacturer can gain as a holding company and the effect that this restructuring had on Kolmar Korea's shareholders. Korea Kolmar Holdings began its life as a cosmetics company but expanded into the pharmaceuticals and functional health foods industries through its subsidiaries. Thus, the present case study also examines how Korea Kolmar Holdings maximized the synergy arising from the relationships between its diverse holdings.

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Abstract

In 2012, Kolmar Korea decided to become a holding company, the first holding company in the Korean cosmetics industry. The market welcomed their restructuring and it was considered to be quite exceptional. Kolmar Korea's decision to change its corporate structure into that of a holding company increased its market capital by 50%, from KRW42 billion to KRW63 billion. The present case study examines the holding company system, the advantages that a manufacturer can gain as a holding company and the effect that this restructuring had on Kolmar Korea's shareholders. Korea Kolmar Holdings began its life as a cosmetics company but expanded into the pharmaceuticals and functional health foods industries through its subsidiaries. Thus, the present case study also examines how Korea Kolmar Holdings maximized the synergy arising from the relationships between its diverse holdings.

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