PwC provided M&A advisory on the sale of Yonwoo Co., Ltd

PwC Korea team advised the Korea's number one cosmetic container manufacturing company (listed), Yonwoo Co., Ltd ("Yonwoo"), on the sale of 55% of its shares (Project Willow) at KRW 281.4 billion to Kolmar Korea Co., Ltd ("Kolmar"), also a listed cosmetic ODM company in Korea.

This transaction between two listed entities was structured for a private M&A deal to close faster and kept strictly confidential. PwC Korea served a vital role as an intermediary advisor for both the sell-side and buy-sides, ensuring a seamless process.

The deal team successfully exceeded the seller's expected deal value, achieving a control premium of more than 100% compared to the market capitalization. This achievement was realized by highlighting Yonwoo's core strengths in pump engines, its favorable potential for global expansion, and the beneficial synergies resulting from the vertical integration between Yonwoo and Kolmar.

The PwC team advising on the deal was led by Kyung-Soo Jung and Joon-Hyuk Hong.