Locus Capital Partners (Locus), a cross-border M&A advisory firm, is pleased to announce that Korea Kolmar which is one of leading cosmetics ODM manufacturers in Korea acquired CSR Cosmetic Solutions (CSR). Locus advised Korea Kolmar in this transaction.
Korea Kolmar is a cosmetics ODM manufacturer listed on the Korea Exchange. The company was established in 1990 and provides a one-stop solution for over 500 global partners in research, development and production of cosmetics, health supplements and pharmaceuticals.
Through acquisition of CSR which is a Canada based OEM manufacturer, Korea Kolmar is planning to expand its operation into North America markets with customer diversification.
Locus managed and executed the entire deal processes including valuation, management of financial and legal advisory, price & SPA negotiation, etc. successfully.