Kolmar Korea Co., Ltd. (KOSE:A161890) agreed to acquire 45% stake in Yonwoo Co., Ltd (KOSDAQ:A115960) on October 19, 2023. The transaction is subject to shareholders? approval by December 18, 2023.

The transaction is expected to close on February 14, 2024. As of February 7, 2024, the transaction amount is KRW 43,722,001,080.