Dongwon F&B Co., Ltd. (KOSE:A049770) acquired Kumchon Co., Ltd. for KRW 45.2 billion on September 21, 2015. Under the terms of the transaction, Dongwon F&B Co., Ltd. acquired 0.1 million shares of Kumchon Co., Ltd. Ernst & Young, Korea acted as financial advisor for Dongwon F&B.

Dongwon F&B Co., Ltd. (KOSE:A049770) completed the acquisition of Kumchon Co., Ltd. on September 21, 2015.