OHEIM Fund, KCB Investment Association No. 1 and KCB Investment Co., Ltd. completed the acquisition of 33.65% stake in OHEIM INT Co.,Ltd. from 2015 IMM Design Venture Fund, managed by IMM Investment, Corp.
August 27, 2023
Share
OHEIM Fund, KCB Investment Association No. 1 and KCB Investment Co., Ltd. signed a memorandum of understanding to acquire a 33.65% stake in OHEIM INT Co.,Ltd. (KOSDAQ:A309930) from 2015 IMM Design Venture Fund, managed by IMM Investment, Corp. for KRW 24 billion on June 1, 2023, As on August 10, 2023 OHEIM Fund, KCB Investment Association No. 1 and KCB Investment Co., Ltd. entered into stock transfer to acquire a 33.65% stake in OHEIM INT Co.,Ltd from 2015 IMM Design Venture Fund, managed by IMM Investment, Corp Hyung-gyun Na will pay 3,350 cash per share for 7,156,754 OHEIM?s shares, representing approximately 33.65% stake. The transaction is subject to due diligence review. The main contract (stock purchase contract) is expected to be concluded within 7 weeks from the date of signing this memorandum of understanding.
OHEIM Fund, KCB Investment Association No. 1 and KCB Investment Co., Ltd. completed the acquisition of 33.65% stake in OHEIM INT Co.,Ltd. (KOSDAQ:A309930) from 2015 IMM Design Venture Fund, managed by IMM Investment, Corp. on August 28, 2023.
Oheim & Company Co Ltd, formerly Oheim Int Co Ltd, is a Korea-based company mainly engaged in the sale of furniture. The Company principally sells furniture such as beds, mattresses, wardrobes and bedroom furniture, sofas and living room furniture, and dining tables. The Company sells under the brands LADY, IDENEW and FORTHEHOME.
OHEIM Fund, KCB Investment Association No. 1 and KCB Investment Co., Ltd. completed the acquisition of 33.65% stake in OHEIM INT Co.,Ltd. from 2015 IMM Design Venture Fund, managed by IMM Investment, Corp.