-
S. Korea's M&A activity brisk this year despite virus
...E) for some 2.1 trillion won. South Korea's top mobile gaming company Netmarble Corp. acquired Woongjin Coway Co., the country's largest home appliance rental service provider, for 1.7 trillion won. "Large...
-
Korean game companies diversify to move past former glories
...site way by focusing on hardware, as witnessed by its acquisition of water purifier rental firm Woongjin Coway in December. “Netmarble currently doesn’t have a specific plan for Coway,” a company official s...
-
[M&As Weekly] Infection slowdown pushes deal closures, new bids
... in the previous week. Centroid to take over Woongjin book unit Woongjin unveiled on Thursday a pl...quisition of water purifier rental service firm Coway in 2019. The deal forced Woongjin to resell Co...
-
SPC Samlip appoints Hwang Jong-hyeon as new CEO
...oup, Ahn was chosen to lead the company. He worked in consulting firm Samjong KPMG and then led Woongjin Coway (now rebranded as Coway), building his career in business management and strategic planning, the...
-
Coway rebrands under Netmarble
Woongjin Coway is now simply Coway after Netmarble’s acquisition of the company. Coway convened an interim shareholders meeting on Friday at its head office in Gongju, South Chungcheong Province, wh...
-
Woongjin Coway seeks lead in air purifier market with filter variables
Following rising demand for air purifiers, household appliance company Woongjin Coway is seeking to continue its lead in the market with its special filters, the company said Tuesday. According to r...
-
M&As to keep Korean industries going in 2020
...he industry at home and abroad. But some cases often left them saddled with financial burdens. Woongjin Group regained control of water purifier rental company Coway in March, as a consortium comprising its educational arm Woongjin Thinkbig and private equity ST...
-
Netmarble chases risky smart home sector with Woongjin Coway purchase
Netmarble’s acquisition of water purifier rental firm Woongjin Coway on Monday is facing skepticism from investors who feel it should focus on its core competencies to prove further growth potential....
-
[Advertising Awards] Woongjin Coway prioritizes clean, healthy lifestyle
MARKETING AWARDS/ GOLD PRIZE WOONGJIN COWAY By Kim Hyoung-kwon Marketing division director and executive director We appreciate being selected for The Korea Herald’s Advertising Awards this year....
-
[News Focus] Coway acquisition will fortify business stability: Netmarble
...lopment and distribution, was on Monday named the preferred bidder for a 25.08 percent stake in Woongjin Coway, a firm that operates subscription services for water and air purifiers, mattresses and other mi...