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Acquiring Company
Dongwon Group
Acquired Company
Charmzone
SeoulSeoulFood ProductionBeautyCosmeticsDescription
Dongwon Group has been selected as the final preferred bidder for the acquisition of Charmzone, a cosmetics company under court-managed sale proceedings. The acquisition aims to establish a new growth foundation for Dongwon by securing a cosmetics brand. If confirmed, this will mark Dongwon’s first external M&A since the appointment of Chairman Kim Nam-jeong.
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Frequently asked
Who acquired Charmzone?
Charmzone was acquired by Dongwon Group, based in Seoul. The deal was reported on September 30, 2026. Dongwon believes that our foundation lies with our society, and the most important role of a company is to contribute to society. It is in this way that company and society achieve sound growth. Dongwon Group is privately held and operates in Food Production.
When did Dongwon Group acquire Charmzone?
Dongwon Group's acquisition of Charmzone was reported on September 30, 2026. Dongwon Group has been selected as the final preferred bidder for the acquisition of Charmzone, a cosmetics company under court-managed sale proceedings. The acquisition aims to establish a new growth foundation for Dongwon by securing a cosmetics brand. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Charmzone do?
Charmzone is a first-generation cosmetics company established in 1984. The company has faced significant management challenges, including brand competitiveness issues and disputes over control. It is privately held, operating in Beauty, and is based in Seoul.
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