Fleming Limited completed the acquisition of 6.08% stake in KolmarBNH Co., Ltd. from Korea Kolmar Holdings Co., Ltd..
September 08, 2017
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Fleming Limited agreed to acquire 6.08% stake in KolmarBNH Co., Ltd. (KOSDAQ:A200130) from Korea Kolmar Holdings Co., Ltd. (KOSE:A024720) for KRW 41.5 billion on August 25, 2017. Under the terms of the transaction, Korea Kolmar Holdings Co., Ltd. will sell approximately 1.8 million shares of KolmarBNH Co., Ltd. at KRW 23,085 per share. Post-acquisition, Korea Kolmar Holdings Co., Ltd. will hold 50.15% stake in KolmarBNH Co., Ltd. In a related transaction, Korea Kolmar Holdings Co., Ltd. sold approximately 1.75 million shares of Kolmar Pharma Co., Ltd. for KRW 11.5 billion. Board of Directors of Korea Kolmar Holdings Co., Ltd. resolved the transaction on August 25, 2017. The transaction is expected to complete on September 8, 2017.
Fleming Limited completed the acquisition of 6.08% stake in KolmarBNH Co., Ltd. (KOSDAQ:A200130) from Korea Kolmar Holdings Co., Ltd. (KOSE:A024720) on September 8, 2017.
KolmarBNH Co., Ltd, formerly MIRAE ASSET NO.2 SPECIAL PURPOSE ACQUISITION COMPANY, is a Korea-based company principally engaged in manufacture and distribution of health functional foods, cosmetics and pharmaceuticals. The Company mainly produces health functional foods to improve immunity, such as atomy hemohims and others. The Company also produces cosmetics using natural extracts, and other pharmaceuticals. The Company also engages in research, development and manufacture of cosmetic functional materials which belongs to phytochemical business that mainly uses natural extracts as cosmetic materials.