Hanssem Co., Ltd. cancelled the acquisition of additional unknown minority stake in Hanssem Investment Holding Co., Ltd.
February 19, 2018
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Hanssem Co., Ltd. (KOSE:A009240) agreed to acquire additional unknown minority stake in Hanssem (China) Investment Holding Co., Ltd for KRW 32.1 billion. on February 20, 2017. Post completion Hanssem Co., Ltd will hold 100% stake in Hanssem (China) Investment Holding Co., Ltd.
Hanssem Co., Ltd. (KOSE:A009240) cancelled the acquisition of additional unknown minority stake in Hanssem (China) Investment Holding Co., Ltd on February 20, 2018.
Hanssem Co Ltd is a Korea-based company primarily engaged in the manufacture and sale of kitchen and interior furniture. The Company operates its business through three segments: the Kitchen Furniture segment, the Interior Furniture segment and the Other segment. The Company provides furniture used for kitchens, bedrooms, living rooms, bathrooms and other spaces, such as beds, book cases, desks and sofas, chairs, dressers and others. It also provides allied furniture packages and related materials, as well as remodeling services. It is also engaged in the provision of real estate consulting services, and sales of other food. The Company distributes its products through shopping malls, internet shopping malls, sales agencies and interior alliance stores, as well as to overseas markets.
HANSSEM CO., LTD. 
