LG Household & Health Care acquires Tai Guk Pharm for KRW 44.6 billion

Published: 2017-11-08 16:18:14

Updated: 2017-11-08 16:18:14

LG Household & Health Care(CEO Seok-Yong Cha) signed an agreement to acquire 80% shares of Tai Guk Pharm, a dermatological treatment company that is famous for Domina Cream, a freckle treatment, for KRW 44.6 billion.

Acquired by LG Household & Health Care, Tai Guk Pharm is founded in 1976, usually manufacturing OTC medicines, such as skin ointments, and made KRW 60 billion sales and KRW 2.5 bi...

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