LG Household & Health Care gains license to sell Physiogel in Asia, North America
RetailJun 2, 2020
LG Household & Health Care said Tuesday it has gained a business license to sell GlaxoSmithKline’s skin care brand Physiogel in Asia and North America, for 190 billion won ($155 million). Physiogel is a derma cosmetics brand that was launched in Germany, and is sold in a number of countries in Asia, Europe and South America. The company said it plans to strengthen its presence in the global markets with its acquirement of Physiogel, which comes after the company’s takeover o