PwC provided M&A advisory services on the acquisition of Namyeung Vivien Corporation for Kanglim Co., Ltd.

PwC Korea Deals Transaction Service team is pleased to announce the acquisition of shares in Namyeung Vivien Corporation for Kanglim Co., Ltd.

Namyeung Vivien Corporation, founded in 1957, is an indigenous underwear manufacturer that has sold underwear for the past 63 years.
The eight brands, including VIVIEN, are planned as exclusive brands, and are distributed in stores such as department stores and large markets. 

The acquisition of Kanglim Co., Ltd. is expected to increase its share of the underwear market in Korea and strengthen its brand competitiveness.

The PwC Korea Deals Transaction Service team, led by Dae-Joon Park and Jong-Seok Kim, provided financial due diligence and M&A advisory service and successfully closed the transaction.